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Property profile & analytics
OFF-MARKET Estimated value $1,110,000
Retail space

8545 27th W St University Place, WA 98466-2604

9,008 SF 0.66 ac lot Built 1990
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US90-1763401
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction WOOD FRAME
Total area 9,008 SF
Lot 0.66 ac (28,545 SF)
Zoning code R2
APN 220091013
UPID US90-1763401
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
$1.11M
Owner & transaction history
Daycare LLC · 20 yrs held
Daycare LLC
since 2005
7 recorded transactions
2017
Price N/A
2005
Price N/A
2003
$546,797
1988
$74,300
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R2 · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Residential 2 (R2). To achieve a mix of housing types and densities while maintaining healthy residential neighborhoods, the R2 classification applies to areas that have developed with a mix of single-family attached and detached housing. A maximum building height of 35 feet is allowed in the R2 zone. A base density of two dwelling units per lot is allowed,…

Zone name Residential 2
General category CIVIC_INSTITUTIONAL
Zone area 393.22 ac
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