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Property profile & analytics
OFF-MARKET
Estimated value
$7,415,000
Shopping centers
Aberdeen, WA 98520
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2439438
Property profile
Verified
Property type
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,052 SF
APN
29901200006
UPID
US90-2439438
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.42M
Owner & transaction history
Olympic Landing LLC · 4 yrs held
Olympic Landing LLC
since 2022
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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,220,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$9,210,000
Change: 0% · Conversion: Moderate
RESTAURANT
$7,575,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,465,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,740,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,580,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$7.42M
Range $6.67M – $8.16M · ±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
$126 / 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
$29,445
Tax year 2023
Assessed value
$2,908,295
Assessed 2022
Previous assessed
$2,172,168
+33.9% YoY
Effective rate
1.01%
On assessed value
Assessed improvement
$2,908,295
Improvement market value
$2,908,295
Total market value
$2,908,295
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
59,052 SF
APN
29901200006
UPID
US90-2439438
Jurisdiction
GRAYS HARBOR
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
MEDICAL BUILDING
Est. value
$9.2M
OFFICE BUILDING
Est. value
$9.2M
RESTAURANT
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$6.5M
RETAIL STORES
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.6M
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Olympic Landing LLC
Entity
Mailing address
PO BOX 5369, WAYLAND, MA 01778-6369
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
36 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
—
Olympic Landing LLC
Anthony M Napoli JR LLC
Bargain And Sale Deed
—
Dec 16, 2021
$13,800,000
Olympic Landing LLC
Anthony M Napoli JR LLC
Bargain And Sale Deed
$7,800,000 · Symetra Life Insurance Co
May 1, 2018
$175,000
Harry Bennetts LLC
Rlb Washington LLC
Warranty Deed
—
May 1, 2018
$250,000
Harry Bennetts LLC
Macleod Olympic Gateway LLC
Warranty Deed
—
May 1, 2018
$127,500
Harry Bennetts LLC
Skoff-olympic Plaza LLC
Warranty Deed
—
Dec 4, 2017
$166,080
Harry Bennetts LLC
Modzeleski-olympic Plaza LLC
Warranty Deed
—
Dec 23, 2015
$42,525
Harry Bennetts LLC
M David-olympic Plaza LLC
Warranty Deed
—
Dec 23, 2015
$54,066
Harry Bennetts LLC
Wang-olympic Gateway Plaza LLC
Warranty Deed
—
Oct 20, 2014
$87,500
Harry Bennetts LLC
Scotia LLC
Grant Deed
—
Oct 20, 2014
$42,525
Harry Bennetts LLC
H Roche-olympic Plaza LLC
Grant Deed
—
Feb 6, 2013
$5,000
Harry Bennetts LLC
Tic Olympic Gateway LLC
Grant Deed
—
Feb 6, 2013
$402,911
Harry Bennetts LLC
Lester Ents LLC
Warranty Deed
—
Feb 6, 2013
—
Anthony M Napoli JR LLC
—
Deed Of Trust
related
$8,700,000 · Timberland Bank
Apr 2, 2010
—
Sumerlea-olympic LLC
Sumerlea Ltd
Quit Claim Deed
—
Aug 14, 2009
—
Skoff-olympic Plaza LLC
Skoff Ray Trust
Quit Claim Deed
—
Aug 13, 2009
—
Shuck-olympic Plaza LLC
Shuck Living Trust
Quit Claim Deed
—
Aug 12, 2009
—
Carr-olympic Plaza LLC
Carr Barbara Trust
Quit Claim Deed
—
Aug 6, 2009
—
Wang-olympic Gateway Plaza LLC
Wang Calvin K & M L Trust
Quit Claim Deed
—
Jul 31, 2009
—
Tilson-olympic Plaza LLC
Tilson Trust
Quit Claim Deed
—
May 18, 2009
—
Harry Bennetts LLC
Bennetts,harry
Quit Claim Deed
—
May 8, 2009
$1,369
Tic Olympic Gateway LLC
Dbsi Olympic LLC
Grant Deed
—
Jan 23, 2008
—
Phillips Roger
Phillips,roger D & Mary E
Quit Claim Deed
related
—
Jul 17, 2007
—
Skoff Ray Trust
Skoff Ray Trust
Quit Claim Deed
related
—
May 14, 2007
—
Getchell Family Trust
Getchell,garth & Kim
Quit Claim Deed
related
—
Mar 28, 2006
—
Oviatt-aberdeen LLC
Oviatt,phyllis J
Quit Claim Deed
—
Oct 25, 2005
—
Modris A Tidemanis
Tidemanis,modris A & Jann E
Quit Claim Deed
—
Mar 9, 2005
—
Scotia LLC
Philip John Bower
Grant Deed
—
Mar 4, 2004
$717,826
Vincent E Modzeleski
Dbsi Olympic LLC
Grant Deed
—
Feb 5, 2004
$782,818
Clark Leaming Properties Ltd
Dbsi Olympic LLC
Grant Deed
—
Jan 27, 2004
$521,879
Kurt Nickel
Dbsi Olympic LLC
Grant Deed
—
Jan 22, 2004
$403,081
Calvin K Wang
Dbsi Olympic LLC
Grant Deed
—
Jan 22, 2004
$652,349
Philip J Bower
Dbsi Olympic LLC
Grant Deed
—
Jan 22, 2004
$1,043,758
Phyllis J Oviatt
Dbsi Olympic LLC
Grant Deed
—
Jan 22, 2004
—
Phyllis J Oviatt
Oviatt,dale L
Quit Claim Deed
related
—
Jan 14, 2004
$341,429
Tilson Trust
Dbsi Olympic LLC
Grant Deed
—
Jan 7, 2004
$477,518
Garth Getchell
Dbsi Olympic LLC
Grant Deed
—
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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