You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $16,960,000
Outlet malls

17432 270th Pl Covington, WA 98042-4962

133,818 SF 13.89 ac lot Built 2004
Trust Owned 19-yr Hold Free & Clear
Property ID
US90-1099188
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 133,818 SF
Lot 13.89 ac (605,214 SF)
Zoning code MC
APN 252205-9239
UPID US90-1099188
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
$16.96M
Owner & transaction history
Wal-mart R/e Busn Trust · 19 yrs held
Wal-mart R/e Busn Trust
since 2007
6 recorded transactions
2007
Price N/A
2005
Price N/A
2003
$5.8M
1997
$905,000
1992
$280,000
1969
Price N/A
Zoning & alternative use
MC · Covington, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(2) The mixed commercial district (MC) is applied to the majority of the Covington downtown zone. This district encourages a mix of commercial and multi-story residential uses, public uses, and allows for large-format and auto-oriented retail, provided they meet pedestrian-oriented design standards that are more flexible than those applied to the town center…

Zone name Mixed Commercial
General category COMMERCIAL
Zone area 224.56 ac
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 17432 270th Pl?
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