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Property profile & analytics
FOR SALE
Manufacturing properties
812 Harrison Ave Centralia, WA 98531-2112
Entity Owned
5-yr Hold
Property ID
US90-2545349
For Sale
Contact for pricing
812 Harrison Ave, Centralia, WA 98531-2112
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
2014
Construction
WOOD FRAME
Total area
1,038 SF
Lot
0.28 ac (12,197 SF)
APN
3416037000
UPID
US90-2545349
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$410k
Owner & transaction history
Salas LLP · 5 yrs held
Salas LLP
since 2020
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Centralia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centralia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$410,000
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$410k
Range $369k – $451k · ±10% · vs last sale $350k (Oct 15 2020)
Last sale anchor
$350k
Oct 15 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$395 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,348
Tax year 2023
Assessed value
$408,300
Assessed 2022
Previous assessed
$247,900
+64.7% YoY
Effective rate
0.82%
On assessed value
Assessed land
$216,000
Assessed improvement
$192,300
Land market value
$216,000
Improvement market value
$192,300
Total market value
$408,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Status
For Sale
Year built
2014
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Total area
1,038 SF
Lot
0.28 ac (12,197 SF)
APN
3416037000
UPID
US90-2545349
Jurisdiction
LEWIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2014
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Salas LLP
Entity
Mailing address
10605 SE 240TH ST #470, KENT, WA 98031-4903
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
$350,000
Salas LLP
Nerf 1 LLC
Warranty Deed
$250,000 · Nerf 1 LLC
Aug 25, 2014
—
Nerf-1 LLC
—
Trustees Deed
related
$25,000 · Rita B Banks
Jun 14, 2011
—
Nerf-1 LLC
Bayside Building & Dev LLC
Quit Claim Deed
related
—
Feb 7, 2008
$511,500
Bayside Building & Dev LLC
Maple Grove Associates
Warranty Deed
—
—
—
Nerf-1 LLC
—
Deed Of Trust
related
$165,000 · Rita B Banks
—
—
Nerf-1 LLC
—
Deed Of Trust
related
$165,000 · James P & Roger B Ramey
—
—
Nerf-1 LLC
—
Deed Of Trust
related
$130,000 · Partner Fund Capital #1 LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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