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Property profile & analytics
OFF-MARKET Estimated value $1,520,000
Manufacturing properties

823 Commerce Loop Port Townsend, WA 98368-2904

4,444 SF 0.44 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-2034681
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Total area 4,444 SF
Lot 0.44 ac (19,166 SF)
Zoning code M-C
APN 989800046
UPID US90-2034681
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
$1.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.52M
Owner & transaction history
Jefferson County Public Hospital Di · 3 yrs held
Jefferson County Public Hospital Di
since 2022
Last sale
$1.6M
7 recorded transactions
2022
Price N/A
2022
$1.6M
2020
Price N/A
2008
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-C · Port Townsend, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

17.31.060 Purpose - M/C mixed light manufacturing and commercial. 17.31.070 Permitted, conditional and prohibited uses - M/C zoning district. 17.31.080 Bulk, dimensional and density requirements within the M/C mixed light manufacturing and commercial zoning district. 17.31.090 Design review required within the M/C mixed light manufacturing and commercial zon…

Zone name Mixed Light Manufacturing And Commercial
General category INDUSTRIAL
Zone area 93.34 ac
Top alternative use upside
Medical building $1.1M +223.0%
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