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    Property profile & analytics

    320 Israel SW Rd Tumwater, WA 98501-6583

    • Apartment buildings
    • 7,952 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimation
    $9,665,000
    Last Sale
    Sep 01, 2021
    $9,920,350
    Location Intelligence
    Property ID
    US90-1732230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 320 Israel SW Rd

    Year built
    1969
    Construction
    WOOD FRAME
    Lot size
    2.60 lot acres
    Property size
    7,952 SF
    Property type
    Apartment buildings
    APN
    5640-00-01400
    APU
    56400001400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,270,000
      6.5%
      $10,805,000
      7%
      $10,785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,170,000
      Geo Method
      $10,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $10,290,000
      Retail
      $11,150,000
      Mixed-Use
      $10,895,000
      Hospitality
      $10,100,000
      Educational
      $10,885,000
      Residential Income
      $10,690,000
      Energy
      $10,505,000
      Income-Based Land
      $11,500,000
      Food Service
      $8,560,000

    Location Insight

    • Map
    • Local Demand
    City
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.911
    Latitude
    46.9864
    CBSA code
    36500
    CBSA name
    OLYMPIA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $75,974
    $1,092,600
    $6,707,200
    $7,799,800
    -
    $1,092,600
    $6,707,200
    $7,799,800

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      801 Israel SW Rd

      APARTMENT HOUSE (5+ UNITS) • 1,500 SF
      801 Israel SW Rd, Tumwater, WA 98501-6541
      View Details
    • Value Estimation by Request
      8,610 SF

      2350 Cain SE Rd

      APARTMENT HOUSE (5+ UNITS) • 8,610 SF
      2350 Cain SE Rd, Olympia, WA 98501-3078
      View Details
    • Value Estimation by Request
      2,784 SF

      3000 Donovan SE Loop, Unit A

      APARTMENT HOUSE (5+ UNITS) • 2,784 SF
      3000 Donovan SE Loop, Olympia, WA 98501-4878
      View Details
    • Value Estimation by Request
      10,250 SF

      1330 Fones SE Rd, Unit 1344

      APARTMENT HOUSE (5+ UNITS) • 10,250 SF
      1330 Fones SE Rd, Olympia, WA 98501-2786
      View Details
    • Value Estimation by Request
      4,800 SF

      7527 Trl End SE Dr

      APARTMENT HOUSE (5+ UNITS) • 4,800 SF
      7527 Trl End SE Dr, Tumwater, WA 98501-5893
      View Details
    • Value Estimation by Request
      8,992 SF

      3625 Yelm SE Hwy

      APARTMENT HOUSE (5+ UNITS) • 8,992 SF
      3625 Yelm SE Hwy, Olympia, WA 98501
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $21,095,000
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      83,377 SF Class A office space for lease.
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    • $19 SF/Yr
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      Bright Office Space Available

      Well-maintained office space with open layout and private office.
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      View Details
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    Tumwater, WA 98501-6583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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