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Property profile & analytics
OFF-MARKET
Retail space

7519 Cirque W Dr University Place, WA 98467-2019

2,464 SF 0.23 ac lot Built 1961
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US90-1517998
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction WOOD FRAME
Total area 2,464 SF
Lot 0.23 ac (10,000 SF)
Zoning code NC
APN 220153076
UPID US90-1517998
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
by Request
Owner & transaction history
Rai Mumtaz · 15 yrs held
Rai Mumtaz
since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A
Zoning & alternative use
NC · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Commercial (NC). To help achieve a mix of commercial uses that primarily serves the needs of local residents and businesses, the Neighborhood Commercial classification applies to the intersections of 67th Avenue West and Bridgeport Way, and Cirque Drive and Orchard Street. The NC areas are compact centers that provide a mix of retail sales, pers…

Zone name Neighborhood Commercial
General category CIVIC_INSTITUTIONAL
Zone area 21.99 ac
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