Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    87 Fishing Aly Eastsound, WA 98245
    Back to Search
    Property profile & analytics

    87 Fishing Aly, Eastsound, WA 98245

    View on Map
    • Manufacturing properties
    • 1,772 SF
    • 1.94 lot acres
    Off-Market
    Property ID
    US90-0863060
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 87 Fishing Aly

    Year built
    2014
    Lot size
    1.94 lot acres
    Property type
    Manufacturing properties
    APN
    271451-004-000
    APU
    271451004000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2016 — Cohen-farish Trust Cohen Joseph J Trust Quit Claim Deed · related —
    Sep 28, 2005 — Sean Demeritt Deborah Demeritt Quit Claim Deed —
    Sep 28, 2005 $500,000 Sean Demeritt Planned Land Corp Grant Deed —
    Sep 28, 2005 $257,500 Cohen Joseph J Trust Demeritt,sean B Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Eastsound
    County
    San Juan
    State
    Washington
    Longitude
    -122.91
    Latitude
    48.6961

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,280
    $221,620
    $657,780
    $879,400
    -
    $221,620
    $657,780
    $879,400

    Comparable in this City

    • Value Estimation by Request
      2,302 SF

      68 Bch Rd

      MANUFACTURING (LIGHT)
      68 Bch Rd, Eastsound, WA 98245-9353
      View Details
    • Value Estimation by Request
      2,712 SF

      33 Hope Ln

      MANUFACTURING (LIGHT)
      33 Hope Ln, Eastsound, WA 98245-8915
      View Details
    • Value Estimation
      $1,000,000
      1,872 SF

      757 Cres Bch Dr

      REFINERY, PETROLEUM PRODUCTS
      757 Cres Bch Dr, Eastsound, WA 98245-9490
      View Details
    • Value Estimation by Request
      9,000 SF

      837 Cres Bch Dr

      REFINERY, PETROLEUM PRODUCTS
      837 Cres Bch Dr, Eastsound, WA 98245-5176
      View Details
    • Value Estimation
      $585,000
      1,250 SF

      360 Indralaya Rd

      CAMPGROUND, RV PARK
      360 Indralaya Rd, Eastsound, WA 98245-9272
      View Details
    • Value Estimation by Request
      3.50 Acres

      Eastsound, WA 98245

      COMMERCIAL MISC
      Eastsound, WA 98245
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,691 SF

      Historic Waterfront Inn and Restaurant

      Unique investment opportunity with immediate cash flow and long-term upside.
      4362 Crow Valley Rd, Eastsound, WA 98245
      View Details
    • $1,248,000

      Orcas Island Estate Property

      24-acre island estate with sweeping views and private setting.
      463 Wright Rd, Eastsound, WA 98245
      View Details
    • $395,000

      Orcas Island Waterfront Land Parcel

      2.7+/- acre land with southern marine views.
      9 Tomihi Dr, Eastsound, WA 98245
      View Details
    • Contact for pricing

      Coastline Drive Retreat Getaway

      Land with marine views and community recreational amenities.
      36 Orcas Rd, Eastsound, WA 98245
      View Details
    • Contact for pricing

      Victorian Valley Chapel on Orcas

      Chapel on 14+ acres with residential building sites.
      883 Victorian Valley Dr, Eastsound, WA 98245
      View Details
    • $4,995,000

      Orcas Island Organic Lavender Farm

      108-acre organic farm with income-producing uses on Orcas Island.
      280 Dolphin Bay Rd, Eastsound, WA 98245
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    87 Fishing Aly
    Eastsound, WA 98245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    87 Fishing Aly, Eastsound, WA, 98245
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!