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    Property profile & analytics

    Magellan Ave Ocean Shores, WA 98569

    • Motels
    • 1,022 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 23, 2022
    $30,000
    Location Intelligence
    Property ID
    US90-0877928
    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

    • Motels

    Property Details for Magellan Ave

    Year built
    2021
    Construction
    STEEL FRAME
    Lot size
    0.24 lot acres
    Property size
    1,022 SF
    Property type
    Motels
    APN
    92500000200
    APU
    92500000200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Shores
    County
    Grays Harbor
    State
    Washington
    Longitude
    -124.162
    Latitude
    47.0165
    CBSA code
    10140
    CBSA name
    ABERDEEN, 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
    $6,547
    $43,425
    $958,068
    $1,001,493
    -
    $43,425
    $958,068
    $1,001,493

    Comparable in this City

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      $490,000
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      165 Barnacle NW St

      MOTEL • 8,920 SF
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    • Value Estimation
      $560,000
      17,878 SF

      781 Ocean Shrs NW Blvd

      MOTEL • 17,878 SF
      781 Ocean Shrs NW Blvd, Ocean Shores, WA 98569-4011
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    • Value Estimation by Request
      17,472 SF

      893 Ocean Shrs NW Blvd

      MOTEL • 17,472 SF
      893 Ocean Shrs NW Blvd, Ocean Shores, WA 98569
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    • Value Estimation
      $5,325,000
      8,734 SF

      849 Ocean Shrs NW Blvd

      HOTEL/MOTEL • 8,734 SF
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      View Details
    • Value Estimation
      $1,535,000
      4,521 SF

      839 Ocean Shrs NW Blvd

      MOTEL • 4,521 SF
      839 Ocean Shrs NW Blvd, Ocean Shores, WA 98569-9593
      View Details
    • Value Estimation
      $390,000
      897 SF

      112 Pt Brown SE Ave

      HOTEL/MOTEL • 897 SF
      112 Pt Brown SE Ave, Ocean Shores, WA 98569-9633
      View Details

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    Ocean Shores, WA 98569
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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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