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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Hotels
330 Benedict St, Port Townsend, WA 98368-4630
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1870202
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
29,896 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C-II
APN
957616801
UPID
US90-1870202
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Im Hotel LLC · 10 yrs held
Im Hotel LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-II · Port Townsend, 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 Port Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Townsend 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
by Request
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
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
$24 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,777
Tax year 2023
Assessed value
$5,777,294
Assessed 2023
Previous assessed
$5,450,948
+6.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$1,399,632
Assessed improvement
$4,377,662
Land market value
$1,399,632
Improvement market value
$4,377,662
Total market value
$5,777,294
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Total area
29,896 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C-II
APN
957616801
UPID
US90-1870202
Jurisdiction
JEFFERSON
Zoning & alternative use
C-II · Port Townsend, WA
Zoning C-II · permitted uses
C-II · Port Townsend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Townsend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.3 ac
Current owner
From public records · entity-resolved
Im Hotel LLC
Entity
Mailing address
330 BENEDICT ST, PORT TOWNSEND, WA 98368-4630
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
—
Im Hotel LLC
—
Deed
related
$5,310,000 · Us Metro Bank
Oct 31, 2019
—
Im Hotel LLC
—
Deed
related
$3,974,000 · Readycap Lndg
Dec 21, 2018
—
Im Hotel LLC
—
Deed
related
$5,680,000 · Mountain Pacific Bank
May 18, 2016
$5,435,000
Im Hotel LLC
Choi,sun Y & Amy C
Warranty Deed
$4,969,000 · Open Bk
Oct 31, 2007
$6,130,000
Sun Y Choi
Harborside Inn LLC
Warranty Deed
$3,394,500 · Saehan Bank
Jan 22, 2007
—
Harborside Inn LLC
Harborside Inn
Quit Claim Deed
—
—
—
Im Hotel LLC
—
Deed Of Trust
related
$3,974,000 · Readycap Lndg
—
—
Sun Y Choi
—
Deed Of Trust
related
$1,995,000 · Ameritrust Cdc
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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