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    Property profile & analytics

    1304 Russell SW Rd Lakebay, WA 98349-7801

    • Hotels
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $780,000
    Location Intelligence
    Property ID
    US90-1473369
    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

    • Hotels

    Property Details for 1304 Russell SW Rd

    Year built
    1995
    Lot size
    0.78 lot acres
    Zone code
    R10
    Property type
    Hotels
    APN
    20054021
    APU
    20054021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakebay
    County
    Pierce
    State
    Washington
    Longitude
    -122.829
    Latitude
    47.2454
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    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
    2024
    $3,658
    $387,000
    $11,900
    $398,900
    -
    $387,000
    $11,900
    $398,900

    Comparable in this City

    • Value Estimation
      $785,000
      420 SF

      Russell SW Rd

      HOTEL-RESORT • 420 SF
      Russell SW Rd, Lakebay, WA 98349
      View Details
    • Value Estimation by Request
      0.80 Acres

      9021 Key Peninsula NW Hwy

      VACANT COMMERCIAL LAND • 0.80 Acres
      9021 Key Peninsula NW Hwy, Lakebay, WA 98349-9625
      View Details
    • Value Estimation by Request
      816 SF

      2120 91st Ave We-2

      VEHICLE SALES, RENTALS • 816 SF
      2120 91st Ave We-2, Lakebay, WA 98349
      View Details
    • Value Estimation by Request
      0.11 Acres

      16621 Olson NW Dr

      INDUSTRIAL - VACANT LAND • 756 SF
      16621 Olson NW Dr, Lakebay, WA 98349
      View Details
    • Value Estimation
      $330,000
      3,952 SF

      1510 Key Peninsula NW Hwy

      WAREHOUSE, STORAGE • 3,952 SF
      1510 Key Peninsula NW Hwy, Lakebay, WA 98349
      View Details
    • Value Estimation by Request
      0.04 Acres

      Key Peninsula NW Hwy

      VACANT COMMERCIAL LAND • 0.04 Acres
      Key Peninsula NW Hwy, Lakebay, WA 98349
      View Details

    Similar Nearby for Sale

    • $110,000

      2.5 Acre Lot Ready to Build

      2.5 acre lot with utilities in place, ready to build.
      912 Key Peninsula Hwy, Lakebay, WA 98349
      View Details
    • $450,000
      6,583 SF

      Historic Commercial Property in Key Center

      Two-story commercial building with office and storage space for sale.
      15420 92Nd Street Kp N, Gig Harbor, WA 98349
      View Details
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    1304 Russell SW Rd
    Lakebay, WA 98349-7801
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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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