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    Property profile & analytics

    23331 State Rte 3rd 3 Belfair, WA 98528

    • Parking lots & garages
    • 2.64 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 29, 2022
    $13,000
    Location Intelligence
    Property ID
    US90-1206122
    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

    • Parking lots & garages

    Property Details for 23331 State Rte 3rd 3

    Lot size
    2.64 lot acres
    Property type
    Parking lots & garages
    APN
    12332-50-00014
    APU
    123325000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belfair
    County
    Mason
    State
    Washington
    Longitude
    -122.833
    Latitude
    47.4455
    CBSA code
    43220
    CBSA name
    SHELTON, WA MICROPOLITAN 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
    2023
    $24
    $251,140
    $2,500
    $253,640
    -
    $251,140
    $2,500
    $253,640

    Comparable in this City

    • Value Estimation
      $230,000
      0.69 Acres

      23141 State Rte 3rd 3

      PARKING LOT • 0.69 Acres
      23141 State Rte 3rd 3, Belfair, WA 98528-9328
      View Details
    • Value Estimation
      $430,000
      40 SF

      Belfair, WA 98528

      PARKING LOT • 40 SF
      Belfair, WA 98528
      View Details
    • Value Estimation by Request
      1,254 SF

      Belfair, WA 98528

      AUTO REPAIR, GARAGE • 1,254 SF
      Belfair, WA 98528
      View Details
    • Value Estimation
      $300,000
      3,748 SF

      12180 C S St

      AUTO REPAIR, GARAGE • 3,748 SF
      12180 C S St, Belfair, WA 98528
      View Details
    • Value Estimation by Request
      1,244 SF

      170 State Rte 300

      SERVICE STATION (FULL SERVICE) • 1,244 SF
      170 State Rte 300, Belfair, WA 98528-9687
      View Details
    • Value Estimation
      $295,000
      2,280 SF

      3700 Nen Shr Rd

      AUTO REPAIR, GARAGE • 2,280 SF
      3700 Nen Shr Rd, Belfair, WA 98528-9434
      View Details

    Similar Nearby for Sale

    • $2,300,000
      7,481 SF

      Country Store and Gas Station

      Established store and gas station with diverse income streams.
      3530 NE Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $2,600,000
      7,481 SF

      Established Belfair Retail Center

      Gas, Store, & More! High Traffic Area
      3530 Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $1,800,000
      6,824 SF

      Belfair Retail & Warehouse Opportunity

      Established business with real estate, retail, and warehouse space.
      461 NE Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $1,800,000

      Established Winery for Sale

      Profitable Wine Business, Turnkey Operation
      21 Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $145,000

      Gated 1+ Acre Ready Lot

      Gated 1+ acre lot ready for building or manufactured home.
      680 E State Route 302, Belfair, WA 98528
      View Details
    • $330,000

      Highway 3 Commercial Building

      High-traffic location, multiple use potential.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,995 SF

      Retail Space Available For Rent

      Retail property with 1995 square feet available for lease.
      23771 Washington 3, Belfair, WA 98528
      View Details
    • $24 SF/Yr
      15,173 SF

      Belfair Valley Plaza Retail Space

      Prime Belfair retail space, multiple units available.
      23969 Hwy 3, Belfair, WA 98528
      View Details
    • $1,500 /Mo

      Land Lease on State Route

      Shy acre available for land lease on State Route.
      23191 NE State Route 3, Belfair, WA 98528
      View Details
    • $0.01 SF/Yr
      1,400,000 SF

      Belfair Warehouse Space Available

      Large industrial warehouse and distribution space for lease.
      25400 State Route 3, Belfair, WA 98528
      View Details
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    23331 State Rte 3rd 3
    Belfair, WA 98528
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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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