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Property profile & analytics
OFF-MARKET
Land

0 9.13 Acres Prt Orch Port Orchard, WA 98366

9.13 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 9.13 ac (397,703 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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