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    Property profile & analytics

    1233 Sims Way Port Townsend, WA 98368-3057

    • Medical offices
    • 2,840 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US90-1891534
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 1233 Sims Way

    Lot size
    0.23 lot acres
    Property size
    2,840 SF
    Zone code
    C-II
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    948327605
    APU
    948327605

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Townsend
    County
    Jefferson
    State
    Washington
    Longitude
    -122.791
    Latitude
    48.1025

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,181
    $245,294
    $331,843
    $577,137
    -
    $245,294
    $331,843
    $577,137

    Comparable in this City

    • Value Estimation by Request
      28,000 SF

      Port

      MEDICAL BUILDING • 28,000 SF
      Port, Townsend, WA 98368
      View Details
    • Value Estimation
      $560,000
      1,335 SF

      629 Fillmore St

      MEDICAL BUILDING • 1,335 SF
      629 Fillmore St, Port Townsend, WA 98368-6507
      View Details
    • Value Estimation
      $305,000
      642 SF

      800 Polk St, Unit 104

      MEDICAL BUILDING • 642 SF
      800 Polk St, Port Townsend, WA 98368-6557
      View Details
    • Value Estimation by Request
      928 SF

      1809 Sheridan St

      MEDICAL BUILDING • 928 SF
      1809 Sheridan St, Port Townsend, WA 98368-7610
      View Details
    • Value Estimation by Request
      2,860 SF

      234 Taylor St

      MEDICAL BUILDING • 2,860 SF
      234 Taylor St, Port Townsend, WA 98368-5717
      View Details
    • Value Estimation
      $245,000
      509 SF

      Port

      MEDICAL BUILDING • 509 SF
      Port, Townsend, WA 98368
      View Details

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    Similar Nearby for Lease

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      Aircraft Hangar with Office Space

      Commercial aircraft hangar with high-end amenities and office space for lease.
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    • Contact for pricing
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      Port Townsend Office Space Available

      Office space available for rent in Port Townsend, Washington.
      1322 Washington St, Port Townsend, WA 98368
      View Details
    • $15 SF/Yr
      5,600 SF

      Industrial Buildings Under Construction

      Two industrial buildings (5,600 SF) available for lease.
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    1233 Sims Way
    Port Townsend, WA 98368-3057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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