Technical
Financial
Distress signals
Property profile

27013 176Th Pl SE Covington, WA 98042

FOR SALE
Land
Property ID
US90-0505152
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Property summary

AI-generated overview

Discover the thriving community surrounding the location in Covington, WA. Situated near the picturesque Lake Meridian, prospective investors will appreciate the natural beauty and recreational opportunities the area has to offer. With convenient access to nearby shopping centers, restaurants, and local businesses, the location provides an attractive setting for future development. Covington's rapidly growing population and strong local economy make it an ideal location for investment. Potential investors will find the area's welcoming atmosphere and vibrant community an enticing opportunity.

Property profile

Verified
Property type Land
UPID US90-0505152

Cap rate & NOI

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

Location

27013 176Th Pl SE Covington, WA 98042
Covington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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