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Property profile & analytics
OFF-MARKET
Commercial land

Bridgeport W Way University Place, WA 98467

1.2 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US90-2546436
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.2 ac (52,272 SF)
Zoning code R2
APN 220271062
UPID US90-2546436
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
by Request
Owner & transaction history
Riptide 9 LLC
Riptide 9 LLC
since 2025
7 recorded transactions
2025
$2.3M
2018
Price N/A
2017
Price N/A
2016
Price N/A
2005
Price N/A
2002
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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