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    4494 Mile Hill Dr Port Orchard, WA 98366

    For Sale
    $2,600,000

    7.26-acre commercial land with income potential in Kitsap County.

    Property size:
    316,246 SF

    Property Features for 4494 Mile Hill Dr

    General Information

    Standard status
    Active
    Size
    316,246 SF

    Source: G. ANDERSON GROUP, LLC Agent GARY ANDERSON

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

    Overview

    Kitsap County Commercial Land Assemblage

    This 7.26-acre (316,245 SF) property in Kitsap County presents an investment opportunity. Zoned Commercial (R30), the site allows for a variety of uses, including retail, office, multi-family, and attached single-family residential. The property features frontage and access along SE Mile Hill Dr, situated just east of Village Ln SE, within a growing corridor near services, transit, and major arterials. The assemblage consists of four contiguous parcels: a 2.42-acre parcel with a single-family residence, a 2.42-acre vacant land parcel, a 1.21-acre parcel with a 2,084 SF residence, and a 1.21-acre parcel improved with a 2,867 SF office building and a 2,880 SF metal warehouse. Existing improvements offer income potential while entitling or redeveloping the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.5930646
    Latitude
    47.5333744

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    FAQs

    What type of property is this?
    Commercial land - 7.26-acre commercial land with income potential in Kitsap County.
    Where is this commercial land located?
    The property is located at 4494 Mile Hill Dr Port Orchard, WA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Large 7.26-acre (316,245 SF) assemblage in Kitsap County.; - Zoned Commercial (R30) allowing for diverse development options (retail, office, multi-family, residential).; - Prime frontage and access on SE Mile Hill Dr in a growing area.
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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
    4494 Mile Hill Dr Port Orchard, WA 98366
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