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    5268 Pt Fosdick Dr University Place, WA 98466
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    Property profile & analytics

    5268 Pt Fosdick Dr, University Place, WA 98466

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    • Retail space
    • 45,403 SF
    • 7.60 lot acres
    Off-Market
    Property ID
    US90-2866950
    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.

    Value Estimations
    $10,220,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 5268 Pt Fosdick Dr

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    7.60 lot acres
    Property type
    Retail space
    APN
    4002790030
    APU
    4002790030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 23, 2022 — Olympic Towne Center LLC — Deed · related $33M · Great West Life & Annuity Insurance Co
    Oct 3, 2019 — Harbor 05 LLC — Deed · related $2.8M · Heritage Bank
    May 7, 2018 — Olympic Towne Center LLC — Grant Deed · related $32.5M · Miscellaneous Ins Co
    Dec 9, 2014 — Robert E Hogan — Loan Modification · related $6.5M · Wells Fargo Bk
    Jul 24, 2014 — Olympic Towne Center LLC Hogan,walter N Quit Claim Deed · related —
    Feb 8, 2013 — Hogan,walter N & Robert E — Loan Modification · related $6.5M · Wells Fargo Bk
    Apr 10, 2012 — Hogan,wayne V JR Hogan,wayne V Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,105,000
      6.5%
      $8,405,000
      7%
      $7,805,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $9,007,000
      Market price range: $3.14M - $9.01M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $13,710,000
      Current use
      AUTO REPAIR, GARAGE
      $16,770,000
      Change: +22% Conversion: Difficult
      WAREHOUSE, STORAGE
      $13,605,000
      Change: -1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $13,440,000
      Change: -2% Conversion: Easy
      MEDICAL BUILDING
      $11,110,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    University Place
    County
    Pierce
    State
    Washington
    Longitude
    -122.58
    Latitude
    47.3059
    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
    2024
    $276,009
    $6,980,900
    $25,604,600
    $32,585,500
    -
    $6,980,900
    $25,604,600
    $32,585,500
    More about this property
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