Property profile

24817 Wellesley Ave Otis Orchards, WA 99027

OFF-MARKET
Commercial real estate
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Property ID
US90-0556707
3,200 SF 2.39 ac Built 1990
Last sale Mar 2025·$1,065,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Otis Orchards-East Farms property offers 7,200 square feet of combined warehouse and executive office space, perfect for a variety of businesses. Situated on a spacious 74,480 square foot lot, this light industrial zoned (LI) property features two single-story buildings constructed in 1990. The buildings are available for lease individually or together, providing flexibility for tenants. The total building area is approximately 7,200 square feet, with a minimum divisible…

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?
$8k
Tax billed · 2023
Assessed value · 2024$747k
Assessed land$104k
Assessed improvement$643k
Effective rate1.03%

Value estimate

· Nov 2026
$1.25M
$1.13M – $1.38M
AI approach$1.25M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
County average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$81 – $214
Qualifying comparables7

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Restaurant12.3
Auto Parts Store10.7

Location

24817 Wellesley Ave Otis Orchards, WA 99027-9769
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog · not on file

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

Comparables

3 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 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
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