16735 272ndCovington, WA 98042

  • Retail properties
  • 174,877 SF
For Lease

Property Details for 16735 272nd

Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
14.50 AC
Property size (Sq ft)
174,877 SF
Zone code
MC
Property type
Retail properties
Property subtype
Outlet malls
APN
362205-9007
APU
3622059007

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $50,475,660
    6.5%
    $46,592,916
    7%
    $43,264,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $112,333,912
    Geo Method
    $84,868,088
  • Alternative Use

    Use
    Valuation
    Residential
    $39,302,868
    Hospitality
    $36,001,216
    Educational
    $29,952,588
    Medical
    $30,982,704
    Retail
    $46,592,916
16735 272nd, Covington, Washington

Location Insight

City
Covington
County
King
State
Washington
Latitude
47.3565
Longitude
-122.119
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $6,164,000
  • Assessed land value
    $11,367,700
  • Assessed value
    $17,531,700
  • Tax year
    2022
  • Tax bill
    $251,000

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