Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1645 SE Port Orchard Blvd Port Orchard, WA 98366

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $28,250,000

    Premier apartment community in a rapidly growing residential market.

    Property Features for 1645 SE Port Orchard Blvd

    General Information

    Standard status
    Active

    Building Details

    Year built
    2023

    Source: KIDDER MATHEWS Agent BENJAMIN NORBE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Apartments in Port Orchard

    The Ridge at Payseno Lane is a modern apartment community located in Port Orchard, Washington. This property offers a turnkey investment opportunity in Kitsap County. Constructed with modern finishes and energy-efficient systems, the property features spacious 1- and 2-bedroom units, with select layouts including dens. The Ridge at Payseno Lane is designed for tenant satisfaction, offering a foundation for stable cash flow and long-term appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.6418023
    Latitude
    47.5369918

    Nearby Similar for Sale

    • $1,650,000
      4,618 SF

      Distinctive Commercial Landmark in Port Orchard

      Landmark building suitable for medical, retail, or educational purposes.
      1130 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $600,000
      1,068 SF

      Gorst Commercial Property with Redevelopment Potential

      Commercial property in Gorst with redevelopment and rental income potential.
      3955 W Frontage Rd, Port Orchard, WA 98367
      View Details
    • $1,550,000

      Port Orchard Pristine Office Building

      High-quality, fully leased office building with significant upside potential.
      2465 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $750,000

      Retail Building in Commercial Corridor

      5,056 SF retail building in Port Orchard, WA for sale.
      591 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $999,999
      3,840 SF

      Well-Maintained Office Building with Garage

      Two-story office building with flexible layout and detached garage/shop.
      1550 SE Port Orchard Blvd, Port Orchard, WA 98366
      View Details
    • $1,300,000
      3,840 SF

      Well-Maintained Office Building with Garage

      Two-story office building with flexible layout and detached garage.
      1550 Woodridge Dr SE, Port Orchard, WA 98366
      View Details

    FAQs

    What type of property is this?
    Apartment building - Premier apartment community in a rapidly growing residential market.
    Where is this apartment building located?
    The property is located at 1645 SE Port Orchard Blvd Port Orchard, WA.
    What is the asking price?
    The asking price for this property is $28,250,000.
    What are key features of this property?
    This property features: - Newly Constructed (2023) Modern Multi-Family Asset; - Located in a Rapidly Growing and Desirable Residential Market (Port Orchard, WA); - Turnkey Investment Opportunity
    Request Owner's contact information
    1645 SE Port Orchard Blvd Port Orchard, WA 98366
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1645 SE Port Orchard Blvd
    Port Orchard, WA 98366
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1645 SE Port Orchard Blvd Port Orchard, WA 98366
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.