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Property profile & analytics
FOR SALE
Commercial land
12701 Goodnough Dr NW Gig Harbor, WA 98332
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-2972700
No photos on file
For Sale
$995,000
12701 Goodnough Dr NW, Gig Harbor, WA 98332
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.37 ac (59,677 SF)
Zoning code
CC
APN
122255009
UPID
US90-2972700
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
$2.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
Cs Wa Gig Harbor & Goodnough LLC · 1 yrs held
Cs Wa Gig Harbor & Goodnough LLC
since 2024
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
CC · Gig Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,875,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10% · vs last sale $2.88M (Sep 9 2024)
Last sale anchor
$2.88M
Sep 9 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,326
Tax year 2024
Assessed value
$366,300
Assessed 2024
Previous assessed
$366,300
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$366,300
Land market value
$366,300
Total market value
$366,300
Applied tax rate
76.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
1.37 ac (59,677 SF)
Zoning code
CC
APN
122255009
UPID
US90-2972700
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Gig Harbor, WAZoning CC · permitted uses
CC · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Cs Wa Gig Harbor & Goodnough LLC
Entity
Free & Clear · 1 yrs held
Mailing address
101 S 200TH ST E STE #200, SALT LAKE CITY, UT 84111-3112
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
$2,875,000
Cs Wa Gig Harbor & Goodnough LLC
3mgh Properties LLC
Warranty Deed
—
Jan 3, 2007
$3,000,000
3mgh Properties LLC
Great Day Group LLC
Warranty Deed
—
Apr 20, 2006
—
Great Day Group LLC
Milgard,jim JR
Quit Claim Deed
related
—
Dec 29, 2005
$2,600,000
Jim Milgard JR.
South Purdy Associates
Warranty Deed
—
Sep 29, 2004
—
Jackie D Hostetler
—
Trustees Deed
related
$175,000 · Bismark Mortgage Co INC
Nov 27, 2001
—
Purdy Investments LLC
Morris,david R & Marrillyn A
Quit Claim Deed
related
—
Sep 7, 1994
$16,000
David R Morris
Milovich,daniel G & Paula G
Grant Deed
—
Sep 7, 1994
$19,000
David R Morris
Kono,alan R & Jennifer J
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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