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    Property profile & analytics

    Converse Way Forks, WA 98331

    • Industrial properties
    • 7,320 SF
    • 4.81 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US90-2859064
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for Converse Way

    Lot size
    4.81 lot acres
    Property size
    7,320 SF
    Property type
    Industrial properties
    APN
    1328043300500000
    APU
    1328043300500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $230,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $220,000
      Mixed-Use
      $180,000
      Hospitality
      $200,000
      Educational
      $200,000
      Residential Income
      $220,000
      Energy
      $225,000
      Income-Based Land
      $180,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Forks
    County
    Clallam
    State
    Washington
    Longitude
    -124.392
    Latitude
    47.9557
    CBSA code
    38820
    CBSA name
    PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,582
    $88,504
    $105,000
    $193,504
    -
    $88,504
    $105,000
    $193,504

    Comparable in this City

    • Value Estimation
      $265,000
      3,486 SF

      1755 Bogachiel Way

      INDUSTRIAL (GENERAL) • 3,486 SF
      1755 Bogachiel Way, Forks, WA 98331-9692
      View Details
    • Value Estimation
      $290,000
      1,232 SF

      321 We St

      INDUSTRIAL (GENERAL) • 1,232 SF
      321 We St, Forks, WA 98331-9007
      View Details
    • Value Estimation
      $275,000
      4,940 SF

      1591 Frks Ave

      INDUSTRIAL (GENERAL) • 4,940 SF
      1591 Frks Ave, Forks, WA 98331
      View Details
    • Value Estimation
      $465,000
      2,655 SF

      490 Frks Ave

      PRINTING, PUBLISHING (LIGHT INDUSTRIAL) • 2,655 SF
      490 Frks Ave, Forks, WA 98331-9155
      View Details
    • Value Estimation
      $95,000
      3,226 SF

      444 G St

      INDUSTRIAL (GENERAL) • 3,226 SF
      444 G St, Forks, WA 98331
      View Details
    • Value Estimation by Request
      4,960 SF

      150 Rankin Rd

      INDUSTRIAL (GENERAL) • 4,960 SF
      150 Rankin Rd, Forks, WA 98331
      View Details

    Similar Nearby for Sale

    • $689,000

      Forks Restaurant & Land Opportunity

      Established Restaurant, Highway 101 Frontage
      220 Forks Ave, Forks, WA 98331
      View Details
    • $112,500

      Residential Lot with Existing Utilities

      Cleared, level residential lot with utilities ready for development.
      1141 Hoh Ave, Forks, WA 98331
      View Details
    • $1,500,000
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      Forks WA Apartment Complex

      20-unit apartment complex with on-site laundry and ample parking.
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      View Details
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    Converse Way
    Forks, WA 98331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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