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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office Spaces
Market Blvd, Chehalis, WA 98532
Entity Owned
~
Est. High Equity
Property ID
US90-2654668
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1916
Construction
WOOD
Total area
2,800 SF
Lot
0.06 ac (2,614 SF)
APN
3846000000
UPID
US90-2654668
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
$475k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
K&m Real Estate Holdings LLC
K&m Real Estate Holdings LLC
since 2025
Last sale
$583,090
5 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 Chehalis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chehalis 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
$600,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$515,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Current use
OFFICE BUILDING
$580,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $583k (Aug 30 2023)
Last sale anchor
$583k
Aug 30 2023
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
$200 / 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
$994
Tax year 2023
Assessed value
$118,900
Assessed 2022
Previous assessed
$118,900
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$67,400
Assessed improvement
$51,500
Land market value
$67,400
Improvement market value
$51,500
Total market value
$118,900
Applied tax rate
20.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1916
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Total area
2,800 SF
Lot
0.06 ac (2,614 SF)
APN
3846000000
UPID
US90-2654668
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
COMMERCIAL (GENERAL) Current
Est. value
$655,000
OFFICE BUILDING
Est. value
$580,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1916
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
K&m Real Estate Holdings LLC
Entity
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$550,000
K&m Real Estate Holdings LLC
104 W Main LLC
Warranty Deed
$541,200 · 104 W Main LLC
Aug 30, 2023
$583,090
104 W Main LLC
Security State Bank Trust Departmen
Warranty Deed
—
Jul 16, 2020
—
104 W Main LLC
Leland R Calkins
Correction Deed
related
—
Jul 1, 2019
—
Leland R Calkins
Leland R Calkins
Intrafamily Transfer
related
—
Feb 22, 2019
$530,000
104 W Main LLC
Calkins Ellen I
Grant Deed
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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