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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Grocery and convenience stores
101 Bethel Ave Port Orchard, WA 98366-5241
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1501603
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Total area
5,623 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CITY
APN
252401-2-039-2009
UPID
US90-1501603
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
Current use
Occupant on record · Public records
-
Community Automotive Repair llc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
Gty-pacific Leasing LLC · 10 yrs held
Gty-pacific Leasing LLC
since 2015
7 recorded transactions
Zoning & alternative use
CITY · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+76.1%
Retail stores
$1.6M
+7.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,185,000
6.5%
$2,020,000
7%
$1,875,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,435,000
Current use
COMMERCIAL (GENERAL)
$2,525,000
Change: +76% · Conversion: Easy
RETAIL STORES
$1,550,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$1,400,000
Change: -2% · Conversion: Moderate
MEDICAL BUILDING
$1,365,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,150,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$334 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,959
Tax year 2024
Assessed value
$2,845,940
Assessed 2024
Previous assessed
$2,821,370
+0.9% YoY
Effective rate
0.84%
On assessed value
Assessed land
$473,640
Assessed improvement
$2,372,300
Land market value
$473,640
Improvement market value
$2,372,300
Total market value
$2,845,940
Applied tax rate
805.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
2
Stories
1
Total area
5,623 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CITY
APN
252401-2-039-2009
UPID
US90-1501603
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WAZoning CITY · permitted uses
CITY · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Buildings
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Gty-pacific Leasing LLC
Entity
Free & Clear · 10 yrs held
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2015
$1,716,900
Gty-pacific Leasing LLC
Convenience Retailers LLC
Grant Deed
—
Mar 12, 2009
—
Convenience Retailers LLC
—
Deed Of Trust
related
$370,000,000 · Conocophillips Co
Feb 12, 2008
—
Convenience Retailers LLC
Conocophillips
Warranty Deed
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
$140,000 · Us Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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