Technical
Financial
Distress signals
Property profile

2500 Sims Way Port Townsend, WA 98368

OFF-MARKET
Office buildings
Property ID
US90-1942053
18,078 SF 0.92 ac lot
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Total area 18,078 SF
Lot 0.92 ac (40,075 SF)
Zoning code C-II
APN 1094031
UPID US90-1942053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization
  • Real Estate Agency
  • Physician
  • Financial Advisor
  • Home Health Care Service Care Services

Location

2500 Sims Way Port Townsend, WA 98368-2234
Port Townsend metro Census 950603
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M

Owner & transaction history

since 2011
6 recorded transactions
2011
$2.4M
2006
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-II · Port Townsend, WA
Zoning description

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 PTMC 17.20.030, Bulk, dimensional and density requirements; such uses shall only be…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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