5502 Pt Fosdick Dr University Place, WA 98466
Property profile & analytics
5502 Pt Fosdick Dr, University Place, WA 98466
- Retail space
- 62,960 SF
- 5.41 lot acres
Property ID
US90-2831596
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 5502 Pt Fosdick Dr
- Year built
- 2017
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.41 lot acres
- Property type
- Retail space
- APN
- 4002790040
- APU
- 4002790040
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 |
| May 7, 2018 | — | Olympic Towne Center LLC | — | Grant Deed · related | $32.5M · Miscellaneous Ins Co |
| Jul 24, 2014 | — | Olympic Towne Center LLC | Wwr Properties | Quit Claim Deed · related | — |
| — | — | Wwr Properties | — | Loan Modification · related | — |
| — | — | Wwr Properties | — | Loan Modification · related | $3.8M · Wells Fargo Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,625,000
- 6.5%
- $11,655,000
- 7%
- $10,825,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,675,000
Market price range: $4.35M - $12.5M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $19,015,000 Current use
- WAREHOUSE, STORAGE
- $18,865,000 Change: -1% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $18,640,000 Change: -2% Conversion: Easy
- MEDICAL BUILDING
- $15,410,000 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
- -122.581
- Latitude
- 47.3073
- 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
$161,332
$4,969,300
$14,076,900
$19,046,200
-
$4,969,300
$14,076,900
$19,046,200
