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    Property profile & analytics

    8709 Preston-fall City SE Rd Preston, WA 98050

    • Parking lots & garages
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-2016091
    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.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 8709 Preston-fall City SE Rd

    Lot size
    0.71 lot acres
    Zone code
    RA2.5
    Property type
    Parking lots & garages
    APN
    689330-0625
    APU
    6893300625

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    King
    State
    Washington
    Longitude
    -121.93
    Latitude
    47.5229
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    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
    2022
    $342
    $107,500
    $0.00
    $107,500
    -
    $107,500
    $0.00
    $107,500

    Comparable in this City

    • Value Estimation
      $400,000
      0.08 Acres

      8600 Preston-fall City SE Rd

      PARKING LOT • 0.08 Acres
      8600 Preston-fall City SE Rd, Preston, WA 98050
      View Details
    • Value Estimation
      $390,000
      1,948 SF

      8606 Preston-fall City SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,948 SF
      8606 Preston-fall City SE Rd, Preston, WA 98050
      View Details
    • Value Estimation
      $5,320,000
      5,804 SF

      30365 High Pt Way

      CONVENIENCE STORE • 5,804 SF
      30365 High Pt Way, Preston, WA 98050-9800
      View Details
    • Value Estimation by Request
      278,779 SF

      30450 79th St

      INDUSTRIAL (GENERAL) • 278,779 SF
      30450 79th St, Preston, WA 98050
      View Details
    • Value Estimation
      $7,100,000
      10,200 SF

      30535 84th St

      INDUSTRIAL (GENERAL) • 10,200 SF
      30535 84th St, Preston, WA 98050
      View Details
    • Value Estimation by Request
      0.04 Acres

      31100 86th St

      VACANT COMMERCIAL LAND • 0.04 Acres
      31100 86th St, Preston, WA 98050
      View Details
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    8709 Preston-fall City SE Rd
    Preston, WA 98050
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    Realmo Value Estimation

    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.

    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.

    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
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