Financial
Distress signals
Property profile

6802 27Th Street Ct W University Place, WA 98466

FOR SALE
Retail space
Property ID
US90-1467184
6,168 SF 2.3 ac lot Built 1966
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a development site comprising approximately 204,849 square feet and is zoned M/U - IU - 75. It is positioned near the entrance of University Place and adjacent to Fircrest Golf Club, with access to Tacoma, Joint Base Lewis-McChord (JBLM), and Lakewood. Zoning and site configuration support development for multifamily use or continued use of the existing industrial block building for light industrial purposes, including use as a contractor yard.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$2.22M
Assessed land$1.85M
Assessed improvement$365k
Effective rate1.24%

Value estimate

· Sep 2026
$1.06M
$954k – $1.17M
AI approach$815k
CAP approach$1.14M
Sales comparison$1.22M
NOI build-up
Gross scheduled income$256k
Vacancy & credit loss−$21k
Operating expenses−$82k
NOI · 10.14% cap applied$152k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables18

Cap rate analysis

How does the asset earn?
10.14%
$152k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IB
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop18.3
Auto Parts Store17.5
Building Supply16.2

Location

6802 27Th Street Ct W University Place, WA 98466
County assessor Recorded deeds · 8 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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