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Property profile & analytics
OFF-MARKET Estimated value $565,000
Apartment buildings

620 Hancock St Port Townsend, WA 98368-2452

18,528 SF 1.07 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US90-1983174
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Total area 18,528 SF
Lot 1.07 ac (46,609 SF)
Zoning code C-II
APN 948323501
UPID US90-1983174
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Apd Wa Rd 2007 LP · 17 yrs held
Apd Wa Rd 2007 LP
since 2008
1 recorded transaction
2008
$806,394
Zoning & alternative use
C-II · Port Townsend, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DISTRICT C-I C-II C-II(H) C-III APPLICABLE REGULATIONS/NOTES housing requires design review. Owner/operator/employee residences P P P P PTMC 17.20.030, Bulk, dimensional and density requirements; such uses shall only be allowed if clearly subordinate and accessory to a primary commercial use and permitted on upper floors only. Employer-provided housing X X C…

Zone name General Commercial
General category COMMERCIAL
Zone area 27.07 ac
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