Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    1215 Lawrence St, Port Townsend, WA 98368

    Property ID
    US90-2674457
    Property summary
    AI-generated overview

    This exceptional commercial land opportunity is located at 1215 Lawrence Street 101, Port Townsend, WA 98368. Priced at $589,000, this property presents a unique investment prospect in a thriving Jefferson County location. While the land itself has no listed square footage or units, the property's address is within the Nordland Building, suggesting potential development or redevelopment opportunities. The building offers convenient amenities, including an elevator. The adjacent commercial space (1,172 sq ft) within the Nordland Building, while not included in this land sale, provides context for the potential of this location. This space features four private offices, three with windows, a private bathroom, and peek-a-boo views of Port Townsend Bay. Its suitability for various professional uses, such as physical therapy practices or law firms, highlights the area's demand for commercial space. This land parcel offers investors a chance to capitalize on the desirability of Port Townsend's commercial real estate market. The property's address is verified, and its location within the Nordland Building provides access to existing infrastructure and building amenities. Further investigation into zoning and development possibilities is recommended. This is a rare opportunity to acquire commercial land in a prime Port Townsend location.

    Property profile
    Verified
    Property type Land
    UPID US90-2674457
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1215 Lawrence St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message