2564 State Rte 109Ocean City, WA 98569

  • Office properties
  • 1,088 SF
Off market
$4,007,520 Estimated

Property Details for 2564 State Rte 109

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.40 AC
Property size (Sq ft)
1,088 SF
Zone code
R3
Property type
Office properties
Property subtype
Office buildings
APN
747000201200
APU
747000201200

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $294,415
    6.5%
    $271,768
    7%
    $252,356
  • Comparable approach

    Method
    Valuation
    Relative Method
    $291,762
    Geo Method
    $209,527
  • Alternative Use

    Use
    Valuation
    Residential
    $336,992
    Hospitality
    $308,683
    Educational
    $256,821
    Medical
    $265,653
    Retail
    $399,499
2564 State Rte 109, Ocean City, Washington

Location Insight

City
Ocean City
County
Grays Harbor
State
Washington
Latitude
47.0662
Longitude
-124.165
CBSA code
10140
CBSA name
ABERDEEN, WA MICROPOLITAN 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
2023
$604
$30,000
$47,847
$77,847
-
$30,000
$47,847
$77,847

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