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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Commercial real estate
311 3rd St, Coupeville, WA 98239-3427
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1750989
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Total area
46,322 SF
Lot
4.57 ac (199,069 SF)
Zoning code
CP
APN
R13233-155-5230
UPID
US90-1750989
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
-
Anderson Susan Physician Medical Clinic
-
Susan J. Taves, PT Physician
-
Mary Boardman Physician
-
Marci Ameluxen Physician
-
Marcella Zarifis Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.47M
Blend (final)
Blend
$3.60M
Owner & transaction history
Regency Coupeville Properties I LLC · 5 yrs held
Regency Coupeville Properties I LLC
since 2020
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
CP · Coupeville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coupeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coupeville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,065,000
ML approach
$4,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $2.73M (Oct 14 2020)
Last sale anchor
$2.73M
Oct 14 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$4,999,625
Assessed 2023
Previous assessed
$4,428,654
+12.9% YoY
Assessed land
$796,277
Assessed improvement
$4,203,348
Land market value
$796,277
Improvement market value
$4,203,348
Total market value
$4,999,625
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
HEAT PUMP
Stories
1
Rooms
1
Total area
46,322 SF
Lot
4.57 ac (199,069 SF)
Zoning code
CP
APN
R13233-155-5230
UPID
US90-1750989
Jurisdiction
ISLAND
Zoning & alternative use
CP · Coupeville, WA
Zoning CP · permitted uses
CP · Coupeville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coupeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
HEAT PUMP
Stories
1
Rooms
1
Lot
4.57 ac
Current owner
From public records · entity-resolved
Regency Coupeville Properties I LLC
Entity
Mailing address
3326 160TH AVE SE STE #120, BELLEVUE, WA 98008-6418
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Regency Coupeville Properties
—
Deed
related
$3,183,032 · Heritage Bank
Oct 14, 2020
$2,725,000
Regency Coupeville Properties I LLC
Hayes Investments LLC
Warranty Deed
$3,400,000 · Coastal States Bank
—
—
Hayes Investments LLC
—
Deed Of Trust
related
$3,605,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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