Financial
Distress signals
Property profile

2207 Sims Way 2223 Port Townsend, WA 98368

OFF-MARKET
Retail space
Property ID
US90-1996550
10,230 SF 0.56 ac lot
Last sale May 2022 · $2,680,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$2.48M
Assessed land$763k
Assessed improvement$1.72M
Effective rate0.90%

Value estimate

· Sep 2026
$2.41M
$2.16M – $2.65M
AI approach$2.44M
Submarket $/SF estimate$2.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$203/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$101 – $308

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?
C-II
DISTRICT C-I C-II C-II(H) C-III APPLICABLE REGULATIONS/NOTES housing requires design review. Owner/operator/employee residences P P P P P...
General categoryCOMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.2
Auto Parts Store12.4
Auto Repair Shop12.0

Location

2207 Sims Way, Unit 2223 Port Townsend, WA 98368-4621
County assessor Recorded deeds · 6 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
1321 Sims, Port Townsend, WA 98368-3059 $3,370,348 May 2024 4,637 SF
2153 4th, Port Townsend, WA 98368-2203 $455,000 Aug 2023 4,000 SF
2405 Sims, Port Townsend, WA 98368-2247 $1,600,000 Jul 2021 11,120 SF
734 Water, Port Townsend, WA 98368-5791 $1,300,000 Jun 2021 6,127 SF
627 Water, Port Townsend, WA 98368-5726 $1,100,000 Jan 2020 4,344 SF
218 Sims, Port Townsend, WA 98368-1828 $2,650,000 Oct 2018 16,977 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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