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Property profile & analytics
OFF-MARKET Estimated value $9,075,000
Commercial land

5520 Bridgeport W Way University Place, WA 98467-2041

0.76 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1567211
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.76 ac (33,000 SF)
Zoning code MF
APN 4260000160
UPID US90-1567211
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.08M
Owner & transaction history
Wa3 Properties Univ LLC · 5 yrs held
Wa3 Properties Univ LLC
since 2021
Last sale
$8.5M
6 recorded transactions
2021
$8.5M
2018
Price N/A
2017
$9.9M
1996
$1,000
1995
$65,000
1995
$51,000
Zoning & alternative use
MF · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Multifamily Residential - Low (MF-L). Multifamily Residential - Low zones are located along major arterials and transit routes, close to shopping, public facilities and services, and in areas of existing lower density residential development. In the MF-L zone, a maximum building height of 45 feet is allowed. A base density of 35 dwelling units per acre is al…

Zone name Multi Family Residential
General category CIVIC_INSTITUTIONAL
Zone area 119.06 ac
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