251 OttoPort Townsend, WA 98368

  • Office properties
  • 6,000 SF
Off market
$9,618,140 Estimated

Property Details for 251 Otto

Lot size
0.96 AC
Property size (Sq ft)
6,000 SF
Zone code
LI/C
Property type
Office properties
Property subtype
Office buildings
APN
1212025
APU
1212025

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,618,409
    6.5%
    $1,493,916
    7%
    $1,387,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,823,840
    Geo Method
    $1,155,480
  • Alternative Use

    Use
    Valuation
    Residential
    $1,852,456
    Hospitality
    $1,696,839
    Educational
    $1,411,750
    Medical
    $1,460,303
    Retail
    $2,196,056
251 Otto, Port Townsend, Washington

Location Insight

City
Port Townsend
County
Jefferson
State
Washington
Latitude
48.084
Longitude
-122.814

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
$4,577
$207,347
$312,955
$520,302
-
$207,347
$312,955
$520,302

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