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Property profile & analytics
OFF-MARKET Estimated value $13,005,000
Distribution centers

7115 132nd SE Pl Newcastle, WA 98059-3151

113,000 SF 1.84 ac lot Built 1989
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US90-1042629
Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 113,000 SF
Lot 1.84 ac (80,150 SF)
Zoning code DC
APN 272405-9076
UPID US90-1042629
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.01M
Owner & transaction history
Jake 1 LLC · 14 yrs held
Jake 1 LLC
since 2012
5 recorded transactions
2024
Price N/A
2012
$4.6M
2008
Price N/A
1988
$311,344
1969
Price N/A
Zoning & alternative use
DC · Newcastle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Front yard setbacks are not required within the downtown transition (DT) and downtown core (DC) zones. Design requirements regarding the use of the front yard setback, found within the CBC design guidelines (Chapter 18.22 NMC), apply. 2. These densities are allowed only through the application of mixed use development standards. 3. These densities may only b…

Zone name Downtown Core
General category COMMERCIAL
Zone area 27.30 ac
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