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    Property profile & analytics

    401 Ellingson Rd Pacific, WA 98047-1004

    • Grocery and convenience stores
    • 1,800 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $3,790,000
    Last Sale
    Mar 17, 2022
    $4,000,000
    Location Intelligence
    Property ID
    US90-0066038
    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

    • Grocery and convenience stores

    Property Details for 401 Ellingson Rd

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.66 lot acres
    Property size
    1,800 SF
    Zone code
    HC
    Property type
    Grocery and convenience stores
    APN
    885600-2325
    APU
    8856002325

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,435,000
      6.5%
      $3,740,000
      7%
      $4,265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,350,000
      Geo Method
      $4,835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,825,000
      Retail
      $4,445,000
      Mixed-Use
      $4,240,000
      Hospitality
      $4,750,000
      Educational
      $4,165,000
      Residential Income
      $3,460,000
      Energy
      $3,435,000
      Income-Based Land
      $3,715,000
      Food Service
      $3,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Pacific
    County
    King
    State
    Washington
    Longitude
    -122.257
    Latitude
    47.2721
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, 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
    2022
    $18,027
    $574,600
    $1,144,100
    $1,718,700
    -
    $574,600
    $1,144,100
    $1,718,700

    Comparable in this City

    • Value Estimation by Request
      3,006 SF

      174 Stewart SW Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,006 SF
      174 Stewart SW Rd, Pacific, WA 98047-2108
      View Details
    • Value Estimation
      $6,470,000
      3,080 SF

      100 Ellingson Rd

      CONVENIENCE STORE • 3,080 SF
      100 Ellingson Rd, Pacific, WA 98047-1126
      View Details
    • Value Estimation by Request
      5,031 SF

      304 Milwaukee S Blvd

      GROCERY, SUPERMARKET • 5,031 SF
      304 Milwaukee S Blvd, Pacific, WA 98047-1317
      View Details
    • Value Estimation
      $310,000
      2,677 SF

      111 3rd SE Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,677 SF
      111 3rd SE Ave, Pacific, WA 98047-1336
      View Details
    • Value Estimation
      $240,000
      2,560 SF

      318 Vly S Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,560 SF
      318 Vly S Hwy, Pacific, WA 98047-1303
      View Details
    • Value Estimation by Request
      5,580 SF

      170 Stewart SW Rd

      SHOPPING CENTER, STRIP CENTER • 5,580 SF
      170 Stewart SW Rd, Pacific, WA 98047-2108
      View Details

    Similar Nearby for Sale

    • $2,400,000

      Land For Sale Pacific, WA

      Land available for sale in Pacific, Washington.
      1156 Valentine Ave SE, Pacific, WA 98047
      View Details
    • $1,250,000
      73,181 SF

      Land for Sale in Pacific

      Land available in Pacific, Washington.
      107 Ellingson Rd, Pacific, WA 98047
      View Details
    • $6,950,000

      IOS Yard For Sale

      Rare IOS yard with office, warehouse, and storage onsite.
      1550 Thornton Ave, Pacific, WA 98047
      View Details
    • $1,250,000
      1.68 Acres

      High-Traffic Pacific Commercial Land

      Prime location, high visibility, development potential.
      107 Ellingson Rd, Pacific, WA 98047
      View Details
    • Contact for pricing
      25,011 SF

      Land Near Lakeland Hills Community

      Land near Highway 167 and Lakeland Hills community.
      SE And Thornton Ave SW, Pacific, WA 98047
      View Details
    • $5,250,000

      Land For Sale

      Land available for sale in Pacific, Washington.
      1436 Thornton Ave SW, Pacific, WA 98047
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,500 SF

      Retail Opportunity on Stewart Avenue

      Planned retail project on a busy intersection in Pacific, WA.
      1094 Valentine Ave SE | Pacific, Pacific, WA 98047
      View Details
    • Contact for pricing
      128,262 SF

      Pacific Warehouse Space Available

      128,262 SF warehouse space for lease in Pacific, WA.
      1010 Valentine Ave SE, Pacific, WA 98047
      View Details
    • Contact for pricing
      7,644 SF

      Auburn Warehouse with Mezzanine Office

      7,644 SF warehouse with office and dock doors.
      2222 W Valley Hwy N, Auburn, WA 98047
      View Details
    • $3,000 /Mo

      Pacific Industrial Yard with Office

      Fenced yard with modular office space for lease.
      1557 Valentine Ave SE, Pacific, WA 98047
      View Details
    • $0.85 SF/Yr
      42,579 SF

      Pacific Warehouse with Immediate Access

      42,579 SF warehouse with immediate SR-167 access available now.
      109 Roy Rd SE, Pacific, WA 98047
      View Details
    • $10,500 /Mo
      10,100 SF

      Pacific Warehouse with Loading Docks

      10,100 SF warehouse space available for lease.
      828 Valentine Ave SE, Pacific, WA 98047
      View Details
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    401 Ellingson Rd
    Pacific, WA 98047-1004
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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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