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    Property profile & analytics

    500 Hendrickson Rd Sequim, WA 98382-3046

    • Residential income homes
    • 75,802 SF
    • 2.67 lot acres
    OFF-MARKET
    Value Estimation
    $9,115,000
    Last Sale
    Oct 18, 2022
    $8,100,000
    Location Intelligence
    Property ID
    US90-2801737
    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

    • Residential income homes

    Property Details for 500 Hendrickson Rd

    Year built
    1986
    Lot size
    2.67 lot acres
    Property size
    75,802 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    330186201000000
    APU
    330186201000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,015,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,100,000
      6.5%
      $7,620,000
      7%
      $7,770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,475,000
      Geo Method
      $8,845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,345,000
      Retail
      $7,330,000
      Mixed-Use
      $8,205,000
      Hospitality
      $9,595,000
      Educational
      $8,135,000
      Residential Income
      $9,255,000
      Energy
      $9,360,000
      Income-Based Land
      $9,435,000
      Food Service
      $8,830,000

    Location Insight

    • Map
    • Local Demand
    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.114
    Latitude
    48.0875
    CBSA code
    38820
    CBSA name
    PORT ANGELES, WA MICROPOLITAN 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
    2024
    $44,839
    $380,512
    $5,557,996
    $5,938,508
    -
    $380,512
    $5,557,996
    $5,938,508

    Comparable in this City

    • Value Estimation by Request
      17,568 SF

      375 Fasola Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 17,568 SF
      375 Fasola Rd, Sequim, WA 98382-6853
      View Details
    • Value Estimation
      $415,000
      3,054 SF

      152 Hendrickson Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,054 SF
      152 Hendrickson Rd, Sequim, WA 98382-3162
      View Details
    • Value Estimation
      $370,000
      6,336 SF

      720 Washington Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,336 SF
      720 Washington Pl, Sequim, WA 98382-3498
      View Details
    • Value Estimation by Request
      3.02 Acres

      525 Mccurdy Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3.02 Acres
      525 Mccurdy Rd, Sequim, WA 98382-2907
      View Details
    • Value Estimation by Request
      18,630 SF

      201 Pr St

      APARTMENT HOUSE (UNDER 5 UNITS) • 18,630 SF
      201 Pr St, Sequim, WA 98382-3859
      View Details
    • Value Estimation by Request
      7,747 SF

      505 5th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,747 SF
      505 5th Ave, Sequim, WA 98382-3931
      View Details

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    Similar Nearby for Lease

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      Move-in ready retail space in a high-traffic location.
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      Retail pads for lease in Sequim, WA.
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    • Contact for pricing
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      Sequim Retail Property for Lease

      Retail property available for lease in Sequim, Washington.
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      View Details
    • $12 SF/Yr
      3,700 SF

      Retail Space in Sequim Center

      Grocery-anchored retail spaces available in Sequim, Washington.
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      View Details
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    Sequim, WA 98382-3046
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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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