0 9.13 Acres Prt Orch Port Orchard, WA 98366
This exceptional 9.13-acre commercial land parcel presents a unique development opportunity in the thriving Port Orchard, Washington market. Located in Kitsap County, zip code 98366, the property boasts an enviable location just north of the heavily trafficked intersection of Bethel Road SE and SE Lund Avenue, experiencing over 18,000 cars daily. Its strategic position directly north of a bustling retail center anchored by Walgreens, Staples, Safeway, and a Supercenter ensures high visibility and significant foot traffic. The property is zoned Commercial Mixed Use (CMU), offering remarkable flexibility for a diverse range of development projects. Permitted uses include, but are not limited to, multi-family residential, retail spaces, restaurants, libraries, museums, churches, transit facilities, daycares, and office buildings. This versatility allows for creative and adaptable development plans to suit various business needs. Furthermore, the site benefits from convenient access to city water and sewer services, with all utilities already in place, simplifying the development process and minimizing upfront infrastructure costs. Offered at $1,050,000, this property represents a compelling investment in a rapidly growing area with strong potential for significant returns. The coordinates are 47.5248539 latitude and -122.5788392 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.