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Property profile

711 Point Brown Ave NW Ocean Shores, WA 98569

FOR SALE
Office buildings
Property ID
US90-0773530
4,416 SF 0.46 ac lot Built 1978
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial site in downtown Ocean Shores located at a main-street intersection, adjacent to a McDonald’s and backing up to the Ocean Shores Convention Center. It is zoned B-1 (retail business) and sits on a 20,000 sq ft parcel with access from two streets and two building entrances. On site there is a two-story office building that was historically occupied by John L Scott Real Estate for approximately 48 years; the ground floor totals 3,536 sq ft and includes a lobby and 18…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2022$589k
Assessed land$151k
Assessed improvement$438k
Effective rate0.65%

Value estimate

· Oct 2026
$325k
$293k – $358k
Submarket $/SF estimate$612k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$23k
Operating expenses−$21k
NOI · 6.93% cap applied$62k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$193/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$113 – $341

Cap rate analysis

How does the asset earn?
6.93%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAYS HARBOR

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Auto Parts Store9.2
Auto Repair Shop8.8

Location

711 Point Brown Ave NW Ocean Shores, WA 98569
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
873 Pt Brown, Ocean Shores, WA 98569 $465,000 Dec 2020 5,440 SF
897 Minard NW, Ocean Shores, WA 98569-9472 $326,500 Sep 2020 3,872 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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