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Property profile & analytics
OFF-MARKET Estimated value $2,735,000
Retail space

7902 27th W St University Place, WA 98466-3401

7,897 SF 0.63 ac lot Built 1961
Entity Owned ~ Est. High Equity
Property ID
US90-1627561
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction WOOD FRAME
Total area 7,897 SF
Lot 0.63 ac (27,600 SF)
Zoning code MU
APN 9180200510
UPID US90-1627561
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
$2.96M
Blend (final) Blend
$2.74M
Owner & transaction history
7902 27th Street W LLC
7902 27th Street W LLC
since 2026
Last sale
$2.7M
7 recorded transactions
2026
Price N/A
2021
$2.7M
2018
Price N/A
2016
Price N/A
2016
$1.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MU · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed Use - Office (MU-O). It is the City’s intent to create a well-balanced, well-organized combination of land uses that recognizes historic development patterns and protects adjoining residential neighborhoods from incompatible uses. The MU-O classification serves as a transition zone providing separation between more intense commercial activities and res…

Zone name Mixed Use
General category MIXED_USE
Zone area 9.20 ac
Top alternative use upside
Neighborhood: shopping center $3.4M +40.4%
Restaurant $3.1M +29.7%
Auto repair, garage $2.9M +22.3%
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