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Property profile & analytics
FOR LEASE
Office Spaces

301 Porter Way Milton, WA 98354

6,900 SF 0.6 ac lot Built 2003
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US90-1341539
No photos on file
For Lease
$970,000 6,900 SF available
301 Porter Way, Milton, WA 98354
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Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction WOOD FRAME
Total area 6,900 SF
Lot 0.6 ac (26,136 SF)
Zoning code M-1
APN 420052055
UPID US90-1341539
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
Current use
Occupant on record · Public records
  • Performance Systems Integration Production Facility Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.26M
Comparable Approach Comparable
$743k
Blend (final) Blend
$970k
Owner & transaction history
Jimtami Properties LLC · 13 yrs held
Jimtami Properties LLC
since 2013
4 recorded transactions
2013
$500,000
2012
$1.4M
2005
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Prohibited. Barbed wire concertina wire and the like shall not be allowed in any district except the light manufacturing (M-1) and community facilities (CF) districts nor allowed along a shared property line with a residential zoning district or established residential use, including multifamily. 7. Electrified Fences. Where allowed, electrified fences, rega…

Zone name Light Manufacturing District
General category INDUSTRIAL
Zone area 134.81 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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