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
    Back to Search

    123 E 4Th St, Unit SEE LEGAL Port Orchard, WA 98366

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,000

    Residential development lot with multiple building options and preliminary approvals.

    Source: PARAMOUNT REAL ESTATE GROUP Agent JAMES J BERGSTROM

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

    Overview

    Development Opportunity in Port Orchard

    This property presents a development opportunity with preliminary plat approval already secured. The lot, in its current state, can accommodate a duplex. Alternatively, preliminary short plat approval indicates the possibility of constructing either two houses with Accessory Dwelling Units (ADUs) or two duplexes. There is also potential for rezoning to allow for a four-plex. The seller has completed a survey, engineering reports, geotechnical reports, and wetland delineation, and the building sites have been cleared. The property offers a view of a neighboring creek. This opportunity is suitable for short-term profit or long-term buy-and-hold investment strategies.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -122.616772
    Latitude
    47.54155

    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?
    Residential land & home lot - Residential development lot with multiple building options and preliminary approvals.
    Where is this residential land & home lot located?
    The property is located at 123 E 4Th St, Unit SEE LEGAL Port Orchard, WA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Preliminary short plat approval for 2 houses with ADU or 2 duplexes.; - Potential for rezoning to allow a 4-plex.; - All reports completed: Survey, Engineering, Geotech, Wetland Delineation.
    Request Owner's contact information
    123 E 4Th St, Unit SEE LEGAL 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.
    123 E 4Th St, Unit SEE LEGAL
    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
    123 E 4Th St, Unit SEE LEGAL 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.