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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Strip malls
10320 Vly Rd Bainbridge Island, WA 98110-4312
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US90-1652391
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
6,000 SF
Lot
1.42 ac (61,855 SF)
Zoning code
CITY
APN
112502-3-114-2009
UPID
US90-1652391
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$885k
Owner & transaction history
Soon T Hong · 26 yrs held
Soon T Hong
since 2000
7 recorded transactions
Zoning & alternative use
CITY · Bainbridge Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bainbridge Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bainbridge Island 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$148 / 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
$10,831
Tax year 2024
Assessed value
$1,439,400
Assessed 2024
Previous assessed
$1,433,280
+0.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$854,160
Assessed improvement
$585,240
Land market value
$854,160
Improvement market value
$585,240
Total market value
$1,439,400
Applied tax rate
215.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
YES
Stories
1
Total area
6,000 SF
Lot
1.42 ac (61,855 SF)
Zoning code
CITY
APN
112502-3-114-2009
UPID
US90-1652391
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bainbridge Island, WA
Zoning CITY · permitted uses
CITY · Bainbridge Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bainbridge Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Soon T Hong
Individual
Mailing address
11201 SUNRISE DR NE, BAINBRIDGE ISLAND, WA 98110-1308
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2023
—
Soon Taek Hong
—
Deed
related
$650,000 · Timberland Bank
Aug 2, 2018
—
Soon T Hong
—
Deed
related
$862,295 · Columbia St Bk
Jan 31, 2000
$625,000
Soon T Hong
Unruh,harley & Sharon
Grant Deed
$550,000 · Seller
Mar 8, 1996
—
Harley J Unruh
Cole,charles S & Carole J
Grant Deed
related
—
—
—
Soon T Hong
—
Deed Of Trust
related
$80,000 · Unibank
—
—
Soon T Hong
—
Deed Of Trust
related
$49,636 · Shorebank Enterprise Cascadia
—
—
Harley J Unruh
—
Deed Of Trust
related
$2,500,000 · Frontier Bank
—
—
Soon T Hong
—
Deed Of Trust
related
$85,000 · Unibank
—
—
Soon T Hong
—
Deed Of Trust
related
$250,000 · United Commercial Bank
—
—
Soon T Hong
—
Deed Of Trust
related
$820,000 · Unibank
—
—
Soon T Hong
—
Deed Of Trust
related
$862,295 · Columbia St Bk
—
—
Soon T Hong
—
Deed Of Trust
related
$730,000 · Unibank
—
—
Soon T Hong
—
Deed Of Trust
related
$50,000 · Unibank
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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