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    143 Tyler View Pl Sequim, WA 98382

    View on Map
    Sponsored
    For Sale
    $350,000

    1 - 6 Acres - Sequim, WA

    Lot size:
    2.50 Acres
    Days on Market:
    34
    Last Refresh:
    Mar 8 at 1:06 am

    Property Features for 143 Tyler View Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    043133359160
    Lot size
    2.50 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Johnson
    Kelly Johnson

    United Olympic Realty Inc. dba Windermere Real Estate/Port Angeles (360) 457-0456

    Listing agent Kelly Johnson (360) 457-0456 License #27035

    Listing date Feb 3, 2026

    MLS# 400052 Listing URL

    Copyright © 2026 Olympic Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Sequim Waterfront Parcel with Airstrip

    Located in the Blue Ribbon Farms subdivision, this 2.5-acre high-bank waterfront parcel offers coastal living with access to a private grass airstrip. Situated within Sequim’s rain shadow, the property benefits from sunnier, drier weather and panoramic views of the Strait of Juan de Fuca, Mt. Baker, the San Juan Islands, Vancouver Island, and the Olympic Mountains. The landscape features international shipping lanes, fishing vessels, sailboats, ferries, eagles, hawks, seabirds, deer, and black-tailed rabbits. The private grass airstrip offers a recreational amenity for aviation enthusiasts. Outdoor recreation opportunities are nearby, including the Dungeness Recreation Area with trails, and the Dungeness National Wildlife Refuge. A scenic walk along the Dungeness Spit leads to the historic lighthouse. A preliminary stormwater site plan is in place, along with a 2019 geotechnical report reviewed by Clallam County in August 2024 confirming a 150' bluff setback. Soils and site registration were completed in 2017, and a pending 3-bedroom septic permit for a pump-to-conventional system remains valid through March 2027. The property is serviced by PUD power and the Cascadia community water system. CCRs help preserve the character and quality of the community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Hair Salon Gym & Fitness Center Hotel & Motel Department Store Kitchen & Bath Showroom Furniture & Home Goods Daycare Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.2042346
    Latitude
    48.1331457

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.5-acre waterfront property with airstrip access in Blue Ribbon Farms.
    Where is this residential land & home lot located?
    The property is located at 143 Tyler View Pl Sequim, WA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Stunning panoramic views of the Strait of Juan de Fuca, Mt. Baker, San Juan Islands, Vancouver Island, and the Olympic Mountains.; - Access to a private grass airstrip within the Blue Ribbon Farms community.; - Located in Sequim's rain shadow, offering sunnier and drier weather.
    (360) 477-5876
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    143 Tyler View Pl Sequim, WA 98382
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    Sequim, WA 98382
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    143 Tyler View Pl Sequim, WA 98382
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    We can help!
    Listing Contact
    Kelly Johnson
    Kelly Johnson
    Real Estate License ID: 27035
    (360) 477-5876 (360) 457-0456
    Learn more
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