634 Market BlvdChehalis, WA 98532

  • Retail properties
  • 1,516 SF
For Sale
$250,000 View listing

Property Details for 634 Market Blvd

Year built
1959
Construction
WOOD
Lot size
0.37 AC
Property size (Sq ft)
1,516 SF
Property type
Retail properties
APN
4934000000
APU
4934000000

Description

This exceptional commercial property presents a rare opportunity to acquire a high-traffic corner lot in Chehalis, Washington. Located at 634 S Market Boulevard, this 0.37-acre parcel boasts approximately 16,200 square feet of land situated at a signalized intersection, ensuring maximum visibility and accessibility for any business. The property has been owned by the same party for over three decades, making this its first appearance on the market in many years. Its prime location guarantees significant foot and vehicle traffic, providing an ideal platform for a wide range of commercial ventures. The property's history includes the presence of old fuel tanks, which have not yet been removed. Prospective buyers are strongly advised to conduct their own due diligence and verify all aspects of the property's condition and suitability for their intended use before making an offer. This is a unique chance to establish a thriving business in a highly visible and desirable location. The asking price for this exceptional opportunity is $250,000. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $603,043
    6.5%
    $556,655
    7%
    $516,894
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,024,472
    Geo Method
    $735,717
  • Alternative Use

    Use
    Valuation
    Residential
    $469,559
    Hospitality
    $430,114
    Educational
    $357,850
    Medical
    $370,157
    Retail
    $556,655

Location Insight

City
Chehalis
County
Lewis
State
Washington
Latitude
46.6579
Longitude
-122.958
CBSA code
16500
CBSA name
CENTRALIA, 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
$1,539
$145,800
$38,300
$184,100
-
$145,800
$38,300
$184,100

FAQs

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