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    Property profile & analytics

    40 Teal Lk Rd Port Ludlow, WA 98365-9544

    • Office buildings
    • 2,734 SF
    • 2.61 lot acres
    OFF-MARKET
    Value Estimation
    $1,175,000
    Location Intelligence
    Property ID
    US90-2672029
    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

    • Office buildings

    Property Details for 40 Teal Lk Rd

    Year built
    1990
    Lot size
    2.61 lot acres
    Property size
    2,734 SF
    Zone code
    MPR-SF-4
    Property type
    Office buildings
    APN
    821163013
    APU
    821163013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Ludlow
    County
    Jefferson
    State
    Washington
    Longitude
    -122.685
    Latitude
    47.9108

    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
    $4,628
    $241,483
    $349,653
    $591,136
    -
    $241,483
    $349,653
    $591,136

    Comparable in this City

    • Value Estimation by Request

      1442 Shine Rd

      PROFESSIONAL BUILDING
      1442 Shine Rd, Port Ludlow, WA 98365-8234
      View Details
    • Value Estimation by Request
      1,366 SF

      7551 Oak Bay Rd

      PROFESSIONAL BUILDING • 1,366 SF
      7551 Oak Bay Rd, Port Ludlow, WA 98365-9411
      View Details
    • Value Estimation
      $370,000
      3,200 SF

      9500 Oak Bay Rd

      PROFESSIONAL BUILDING • 3,200 SF
      9500 Oak Bay Rd, Port Ludlow, WA 98365-9204
      View Details
    • Value Estimation
      $580,000
      2,274 SF

      9401 Oak Bay Rd

      PROFESSIONAL BUILDING • 2,274 SF
      9401 Oak Bay Rd, Port Ludlow, WA 98365-8250
      View Details
    • Value Estimation by Request
      5,160 SF

      121 Marina Vw Dr

      PROFESSIONAL BUILDING • 5,160 SF
      121 Marina Vw Dr, Port Ludlow, WA 98365-9304
      View Details
    • Value Estimation
      $470,000
      4,172 SF

      9481 Oak Bay Rd

      PROFESSIONAL BUILDING • 4,172 SF
      9481 Oak Bay Rd, Port Ludlow, WA 98365-9801
      View Details
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    40 Teal Lk Rd
    Port Ludlow, WA 98365-9544
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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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