Technical
Financial
Distress signals
Property profile

899 Water St Port Townsend, WA 98368

OFF-MARKET
Investment properties
Property ID
US90-1890385
17,100 SF 0.15 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Total area 17,100 SF
Lot 0.15 ac (6,534 SF)
Zoning code C-III
APN 989700808
UPID US90-1890385

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

899 Water St Port Townsend, WA 98368-5730
Port Townsend metro Census 950603
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$755k
Blend (final) Blend
$580k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2021
Price N/A
2016
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-III · Port Townsend, WA
Zoning description

multifamily residential properties outside the C-III historic commercial district that are being developed, redeveloped, or expanded shall be reduced by two spaces for each on -street parking space provided adjacent to a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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