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    1800 Riddell Rd Bremerton, WA 98310

    Sponsored
    For Sale
    $395,000

    1.17-acre commercial lot, ideal development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.17-acre commercial land parcel presents a prime development opportunity in the thriving Bremerton, Washington market. Located at 1800 NE Riddell Rd, 98310, this property boasts 140 feet of frontage along Riddell Road, offering excellent visibility and accessibility. The parcel is zoned for commercial use, providing flexibility for a wide range of development projects. Its strategic location just south of Fred Meyer and north of the newly developed Bremerton Station ensures high traffic volume and strong potential for attracting customers and tenants. Furthermore, the property's proximity to a new 323-unit apartment community adds to its desirability and potential for synergistic development. The APN is 36250130662009. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area, making it an attractive investment for developers seeking to capitalize on Bremerton's expanding economy. The asking price for this exceptional property is $395,000. Don't miss this chance to secure a piece of Bremerton's vibrant commercial landscape.

    Property Features for 1800 Riddell Rd

    General Information

    Property type
    Land

    HighLights

    • $395,000 asking price.
    • 1.17‑acre commercial land parcel.
    • Located in Bremerton, WA, at 1800 NE Riddell Rd (APN 36250130662009).
    • Commercial zoning.
    • High visibility with 140 feet of Riddell Road frontage, near Fred Meyer and Bremerton Station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.626442
    Latitude
    47.607384

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    FAQs

    What type of property is this?
    Land - 1.17-acre commercial lot, ideal development opportunity.
    Where is this land located?
    The property is located at 1800 Riddell Rd Bremerton, WA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 1.17-acre commercial land parcel.; Located in Bremerton, WA, at 1800 NE Riddell Rd (APN 36250130662009).
    Request Owner's contact information
    1800 Riddell Rd Bremerton, WA 98310
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    Bremerton, WA 98310
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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
    1800 Riddell Rd Bremerton, WA 98310
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