Property profile

251 Otto St Port Townsend, WA 98368

OFF-MARKET
Office buildings
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Property ID
US90-1978806
6,000 SF 0.96 ac
Last sale Feb 2020·$425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$520k
Assessed land$207k
Assessed improvement$313k
Effective rate0.88%

Value estimate

· Nov 2026
$495k
$446k – $545k
AI approach$525k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
LI/C
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.9
Tailor Shop8.7
Carpet & Flooring Store8.2

Location

251 Otto St Port Townsend, WA 98368-9780
County assessor Recorded deeds · 4 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2365 Sims, Port Townsend, WA 98368-4620 $910,000 Aug 2025 3,649 SF
112 Kala Sq, Port Townsend, WA 98368-9810 $425,000 Aug 2023 2,680 SF
Townsend, WA 98368 $579,691 Jun 2023 2,884 SF
280 Quincy, Port Townsend, WA 98368-5742 $1,150,000 Jun 2022 4,785 SF
2009 4th St, Port Townsend, WA 98368-2201 $450,000 Jul 2021 3,320 SF
1036 Lawrence, Port Townsend, WA 98368-6524 $150,000 Dec 2019 1,617 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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