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Property profile

1014 Bay St Port Orchard, WA 98366

FOR LEASE
Retail space
Property ID
US90-2739917
18,116 SF 0.81 ac lot Built 1973
Last sale May 2022 · $2,690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 5,163-square-foot commercial suite located in the downtown Bayview Building. The interior is configured to support flexible business use, including corporate headquarters layouts, open-concept workspace arrangements, and customer-facing setups such as showroom or retail use. The suite is positioned for visibility within the downtown building context, with access to ample on-site parking, and it is described as having panoramic views of the water and surrounding mountains.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.89M
Assessed land$272k
Assessed improvement$1.62M
Effective rate0.84%

Value estimate

· Oct 2026
$3.41M
$3.07M – $3.75M
AI approach$3.35M
CAP approach$3.23M
Submarket $/SF estimate$1.86M
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 67,022.73% cap applied$15k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$275/SF
County average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$120 – $413
Qualifying comparables17

Cap rate analysis

How does the asset earn?
67,022.73%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CITY
JurisdictionKITSAP

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.0
Pharmacy9.0
Wholesale Shop8.8

Location

1014 Bay St Port Orchard, WA 98366
County assessor Recorded deeds · 7 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
619 Bay, Port Orchard, WA 98366-5307 $2,500,000 Dec 2021 10,080 SF
585 Bethel, Port Orchard, WA 98366-4501 $710,000 Dec 2021 10,004 SF
1551 Piperberry, Port Orchard, WA 98366-1212 $1,550,000 Oct 2021 8,750 SF
4242 Mile Hl, Port Orchard, WA 98366-3906 $775,000 May 2021 9,600 SF
1720 Mile Hl, Port Orchard, WA 98366-3512 $9,400,000 Apr 2021 22,586 SF
4459 Mile Hl, Port Orchard, WA 98366-3908 $1,500,000 Apr 2021 20,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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