Property profile

405 Porter Way Milton, WA 98354

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard
Property ID
US90-1364470
11,622 SF 2.02 ac Built 1971
Last sale Jun 2001·$1,022,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.44M
Assessed land$759k
Assessed improvement$677k
Effective rate1.00%

Value estimate

· Nov 2026
$4.19M
$3.77M – $4.61M
AI approach$4.25M
Submarket $/SF estimate$2.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$298/SF
County average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$138 – $610

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-1
Prohibited. Barbed wire concertina wire and the like shall not be allowed in any district except the light manufacturing (M-1) and commun...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.5
Realty agency16.6
Law Firm14.7

Location

405 Porter Way Milton, WA 98354-9692
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Birch, Milton, WA 98354-9618 $4,000,000 Feb 2024 1,364 SF
12 Meridian E, Milton, WA 98354-9330 $7,250,000 May 2023 8,140 SF
3014 Meridian E, Milton, WA 98354 $525,000 May 2022 3,000 SF
300 Meridian E, Milton, WA 98354-9338 $5,682,193 Mar 2022 13,470 SF
800 Fife, Milton, WA 98354-8838 $1,650,000 Oct 2021 2,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 405 Porter Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved