Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
811 Georgiana St Port Angeles, WA 98362-3511
Individually Owned
19-yr Hold
Free & Clear
Property ID
US90-2930631
Property summary
AI-generated overview
This exceptional Class A medical office building in Port Angeles, WA, presents a compelling investment opportunity. Priced at $935,000 ($174.86/sq ft), this 5,347 square foot, two-unit condo offers significant potential. Built in 1997, the building features an attractive brick exterior with arched mullion windows and boasts 18 off-street parking spaces. The interior includes a main room, separate offices, an interior elevator, and a thoughtfully designed open floor plan adaptable to various medical or office uses. Security features are comprehensive, encompassing a fire detection system, Bosch access control and burglary system, nurse call/code blue, and oxygen systems. Two additional storage outbuildings are located off the alley. Situated on a 14,000 square foot lot, the property benefits from its convenient location near Olympic Medical Center Campus, the Olympic Discovery Trail, and retail shops. The permitted zoning is CO. This is a condo sale; land is not included.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Total area
2,200 SF
Lot
0.1 ac (4,270 SF)
APN
630004200003010
UPID
US90-2930631
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
-
Angeles Vision Clinic Physician
-
Dr. Kirk Thompson Physician
-
Van Orman Eric OD Physician
-
Thomas P Ries Physician
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
Kirk L Thompson · 19 yrs held
Kirk L Thompson
since 2007
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,342
Tax year 2023
Assessed value
$335,319
Assessed 2022
Previous assessed
$306,970
+9.2% YoY
Effective rate
1.00%
On assessed value
Assessed land
$49,319
Assessed improvement
$286,000
Land market value
$49,319
Improvement market value
$286,000
Total market value
$335,319
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Units
1
Total area
2,200 SF
Lot
0.1 ac (4,270 SF)
APN
630004200003010
UPID
US90-2930631
Jurisdiction
CLALLAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kirk L Thompson
Individual
Free & Clear · 19 yrs held
Mailing address
192 HARVEL LN, PORT ANGELES, WA 98362-7153
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2007
—
Kirk L Thompson
Kirk L Thompson
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 811 Georgiana St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
