Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    887 Park Ave Port Townsend, WA 98368-2209

    • Office buildings
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US90-2601365
    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

    • Office buildings

    Property Details for 887 Park Ave

    Lot size
    0.37 lot acres
    Zone code
    M-C
    Property type
    Office buildings
    APN
    989800070
    APU
    989800070

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Townsend
    County
    Jefferson
    State
    Washington
    Longitude
    -122.802
    Latitude
    48.1062

    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
    $6,470
    $166,670
    $551,569
    $718,239
    -
    $166,670
    $551,569
    $718,239

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      Port

      PROFESSIONAL BUILDING • 0.10 Acres
      Port, Townsend, WA 98368
      View Details
    • Value Estimation by Request
      1,707 SF

      Port

      PROFESSIONAL BUILDING • 1,707 SF
      Port, Townsend, WA 98368
      View Details
    • Value Estimation by Request
      5,158 SF

      1200 Sims Way Ste D

      PROFESSIONAL BUILDING • 5,158 SF
      1200 Sims Way Ste D, Port Townsend, WA 98368-3031
      View Details
    • Value Estimation by Request
      840 SF

      282532 Us Hwy 101

      PROFESSIONAL BUILDING • 840 SF
      282532 Us Hwy 101, Port Townsend, WA 98368-9393
      View Details
    • Value Estimation
      $270,000
      960 SF

      338 Sherman St

      PROFESSIONAL BUILDING • 960 SF
      338 Sherman St, Port Townsend, WA 98368-3048
      View Details
    • Value Estimation
      $365,000
      1,020 SF

      2174 Sims Way

      PROFESSIONAL BUILDING • 1,020 SF
      2174 Sims Way, Port Townsend, WA 98368-2217
      View Details

    Similar Nearby for Sale

    • $949,950
      5,450 SF

      Commercial Hangar with Office Space

      Commercial hangar with office, pilot's lounge, and mountain views.
      191 Airport Rd, Port Townsend, WA 98368
      View Details
    • $2,100,000
      13,284 SF

      Historic Victorian Building in Downtown

      Victorian building with retail and office spaces in prime location.
      844 Water St, Port Townsend, WA 98368
      View Details
    • $6,750,000
      200.00 Acres

      Discovery Bay Golf Course Opportunity

      Golf course and residential lots near Port Townsend, Washington.
      7401 Cape George Rd, Port Townsend, WA 98368
      View Details
    • $105,000

      Residential Land in Ocean Grove

      Sunny lot in desirable community with private beach access.
      121 Combs St, Port Townsend, WA 98368
      View Details
    • $299,000

      5-Acre Parcel Near Downtown

      5-acre parcel near downtown Port Townsend with utilities on property.
      176 Louisa St, Port Townsend, WA 98368
      View Details
    • $245,000

      Morgan Hill Land Parcel

      Desirable location near Uptown, downtown, and Fort Worden.
      999 Reed St, Port Townsend, WA 98368
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,254 SF

      Port Townsend Office Space Available

      Office space available for rent in Port Townsend, Washington.
      1322 Washington St, Port Townsend, WA 98368
      View Details
    • $4,750 /Mo
      5,450 SF

      Aircraft Hangar with Office Space

      Commercial aircraft hangar with high-end amenities and office space for lease.
      191 Airport Rd, Port Townsend, WA 98368
      View Details
    • $15 SF/Yr
      5,600 SF

      Industrial Buildings Under Construction

      Two industrial buildings (5,600 SF) available for lease.
      30-32 Louisa St, Port Townsend, WA 98368
      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.
    887 Park Ave
    Port Townsend, WA 98368-2209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.