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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Grocery and convenience stores
933 Harrison Ave Centralia, WA 98531-2113
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-0054472
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,338 SF
Lot
0.93 ac (40,511 SF)
APN
3416058002
UPID
US90-0054472
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
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$967k
Blend (final)
Blend
$810k
Owner & transaction history
Skyline Trust
Skyline Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$895,000
+32.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Alternative Use
Use
Estimation
RETAIL STORES
$675,000
Current use
OFFICE BUILDING
$895,000
Change: +33% · Conversion: Easy
COMMERCIAL (GENERAL)
$585,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
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
$187 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,766
Tax year 2024
Assessed value
$1,187,200
Assessed 2023
Previous assessed
$1,187,200
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$810,000
Assessed improvement
$377,200
Land market value
$810,000
Improvement market value
$377,200
Total market value
$1,187,200
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
4,338 SF
Lot
0.93 ac (40,511 SF)
APN
3416058002
UPID
US90-0054472
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$675,000
OFFICE BUILDING
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Skyline Trust
Trust
Mailing address
237 NW SKYLINE BLVD, PORTLAND, OR 97210-1053
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Skyline Trust
933 Harrison Centralia LLC
Bargain & Sale Deed
—
Aug 22, 2025
—
Skyline Trust
933 Harrison Centralia LLC
Bargain & Sale Deed
—
Mar 8, 2022
—
933 Harrison Avenue Centralia LLC
—
Deed
related
$3,170,000 · Sortis Income Fund LLC
Jan 28, 2020
—
933 Harrison Ave Centralia LLC
—
Deed
related
$1,250,000 · Sorfi LLC
Dec 29, 2005
—
Sharis Management Corp
—
Deed Of Trust
related
$38,550,000 · Wells Fargo Foothill INC
Oct 31, 2005
—
933 Harrison Avenue Centralia
Dinihanian,vahan M JR
Grant Deed
—
Aug 22, 2005
—
Vahan M Dininhanian JR.
—
Trustees Deed
related
$800,000 · Northwest Bank
—
—
933 Harrison Avenue Centralia
—
Deed Of Trust
related
$955,000 · Northwest Bank
—
—
933 Harrison Ave Centralia LLC
—
Deed Of Trust
related
$1,250,000 · Sorfi LLC
—
—
933 Harrison Avenue Centralia
—
Loan Modification
related
—
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.
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