Property profile

2427 W Sims Way Port Townsend, WA 98368

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US90-2576351
5,000 SF 0.68 ac
Last sale Jul 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A multi-tenant commercial shopping center of approximately 10,000 square feet, built in 1990, configured to support several commercial occupants with a mix of essential-service and retail uses plus some vacant units. The property provides open surface parking for day-to-day access and operation. It is located at 2427 W Sims Way in Port Townsend and sits on approximately 0.68 acres within a commercial zoning district.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$834k
Assessed land$375k
Assessed improvement$459k
Effective rate0.90%

Value estimate

· Nov 2026
$295k
$266k – $325k
Submarket $/SF estimate$852k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$203/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$101 – $308
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-II
DISTRICT C-I C-II C-II(H) C-III APPLICABLE REGULATIONS/NOTES housing requires design review. Owner/operator/employee residences P P P P P...
General categoryCOMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.8
HVAC Service10.7
Pharmacy10.6

Location

2427 W Sims Way Port Townsend, WA 98368
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1321 Sims, Port Townsend, WA 98368-3059 $3,370,348 May 2024 4,637 SF
2153 4th, Port Townsend, WA 98368-2203 $455,000 Aug 2023 4,000 SF
1005 Lawrence, Port Townsend, WA 98368-6523 $950,000 Jul 2022 3,587 SF
734 Water, Port Townsend, WA 98368-5791 $1,300,000 Jun 2021 6,127 SF
627 Water, Port Townsend, WA 98368-5726 $1,100,000 Jan 2020 4,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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