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Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Medical Office Space
10513 Silverdale NW Way, Silverdale, WA 98383-9499
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0952623
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Total area
10,792 SF
Lot
0.97 ac (42,253 SF)
Zoning code
RC
APN
162501-2-037-2001
UPID
US90-0952623
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
-
Dr. Troy R. Okunami, DDS Dental Office
-
Puget Sound Hearing Aid & Audiology - Silverdale Hearing Aid Store Audiologist
-
Goodman Eye Clinic Physician
-
Heather L. Hush, LMT Alternative Medicine Practice Spa & Massage Center
-
Pacific Northwest Healthcare, PS Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.53M
CAP Approach
CAP
$2.96M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.21M
Owner & transaction history
Silverdale Health Partners LLC · 6 yrs held
Silverdale Health Partners LLC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
RC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+13.4%
Neighborhood: shopping center
$2.8M
+5.1%
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 Silverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverdale 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
$2,430,000
ML approach
$2,530,000
CAP Approach
CAP Return
Estimation
6%
$3,205,000
6.5%
$2,955,000
7%
$2,745,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,620,000
Current use
RETAIL STORES
$2,970,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,755,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,205,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±10% · vs last sale $1.51M (May 18 2020)
Last sale anchor
$1.51M
May 18 2020
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
$205 / 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
$24,128
Tax year 2024
Assessed value
$2,715,740
Assessed 2024
Previous assessed
$2,715,740
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$650,800
Assessed improvement
$2,064,940
Land market value
$650,800
Improvement market value
$2,064,940
Total market value
$2,715,740
Applied tax rate
6,410.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1976
Heating
YES
Stories
2
Total area
10,792 SF
Lot
0.97 ac (42,253 SF)
Zoning code
RC
APN
162501-2-037-2001
UPID
US90-0952623
Jurisdiction
KITSAP
Zoning & alternative use
RC · Silverdale, WA
Zoning RC · permitted uses
RC · Silverdale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.6M
RETAIL STORES
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.2M
MEDICAL BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Heating
YES
Stories
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Silverdale Health Partners LLC
Entity
Mailing address
PO BOX 172, SILVERDALE, WA 98383-0172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
—
Silverdale Health Partners LLC
—
Deed
related
$3,258,000 · Jpmorgan Chase Bank NA
May 18, 2020
$1,362,438
Silverdale Health Partners LLC
Silverdale Medical Center LLC
Warranty Deed
related
$1,413,000 · Jp Morgan Chase Bk
May 11, 2018
—
Silverdale Medical Center LLC
—
Deed
related
$982,000 · Savibank
Jan 23, 2013
—
Silverdale Medical Center LLC
Boestam,kimberly V
Quit Claim Deed
related
$1,140,000 · Kitsap Bank
Dec 4, 2006
—
Kimberly V Boestam
Boestam,michael P
Quit Claim Deed
related
$1,200,000 · Washington Mutual Fsb
Sep 15, 2003
$1,513,000
Kimberly V Boestam
Central Kitsap County Medical
Grant Deed
$920,000 · Whidbey Island Bank
—
—
Silverdale Medical Center LLC
—
Deed Of Trust
related
$982,000 · Savibank
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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