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    1746 Carr Blvd Bremerton, WA 98312

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    For Sale
    $950,000

    3.8 acres development opportunity in Bremerton, WA.

    Property size:
    165,528 SF

    Property Features for 1746 Carr Blvd

    General Information

    Size
    165,528 SF

    Building Details

    Year built
    1935

    Source: OLSEN COMMERCIAL PROPERTIES LLC Agent WALTER OLSEN

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

    Overview

    Bremerton Development Opportunity on Kitsap

    This development opportunity features frontage on Kitsap Way in Bremerton. The City’s N.A.D. Marine Park is located across the street, and Kitsap Lake is situated approximately 1/4 mile away. The property encompasses 3.8 acres across four parcels intended to be compiled into a larger development. The northwestern parcel is zoned Limited Commercial, while the remaining three parcels are zoned Low Density Residential (R10). A 2008 Staff Report and Conditional Use Permit approval (CUP Type 3 Nonresidential) are available for review, detailing the consolidation of the parcels, the vacation and relocation of a portion of Carr Road, and the construction of an assisted living facility. The planned facility includes 16 memory care units, 105 assisted living units, and 1,475 square feet of retail space. The property is intended for senior housing, healthcare, or assisted living facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.6938703
    Latitude
    47.5776934

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    FAQs

    What type of property is this?
    Senior housing facility - 3.8 acres development opportunity in Bremerton, WA.
    Where is this senior housing facility located?
    The property is located at 1746 Carr Blvd Bremerton, WA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Development opportunity on 3.8 acres comprising 4 parcels.; - Approved Conditional Use Permit for an assisted living facility (16 memory care units, 105 assisted living units, and 1,475 sf of retail space).; - Located on Kitsap Way in Bremerton, near N.A.D. Marine Park and Kitsap Lake.
    Request Owner's contact information
    1746 Carr Blvd Bremerton, WA 98312
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    Bremerton, WA 98312
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    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
    1746 Carr Blvd Bremerton, WA 98312
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