7451 CirqueUniversity Place, WA 98467

  • Retail properties
  • 13,905 SF
Off market
$2,586,200 Estimated

Property Details for 7451 Cirque

Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.67 AC
Property size (Sq ft)
13,905 SF
Zone code
NC
Property type
Retail properties
Property subtype
Retail space
APN
220154006
APU
220154006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,531,209
    6.5%
    $5,105,732
    7%
    $4,741,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,396,626
    Geo Method
    $6,748,118
  • Alternative Use

    Use
    Valuation
    Residential
    $4,306,876
    Hospitality
    $3,945,075
    Educational
    $3,282,256
    Medical
    $3,395,138
    Retail
    $5,105,732
7451 Cirque, University Place, Washington

Location Insight

City
University Place
County
Pierce
State
Washington
Latitude
47.2139
Longitude
-122.537
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

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
2024
$32,508
$767,600
$1,818,600
$2,586,200
-
$767,600
$1,818,600
$2,586,200

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