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Property profile & analytics
OFF-MARKET Estimated value $3,745,000
Community centers

10600 Silverdale NW Way Silverdale, WA 98383-7668

19,075 SF 1.37 ac lot Built 1985
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1557826
Property summary
AI-generated overview

Silverdale Square, a 18,332 square foot retail center built in 1985, offers a prime commercial opportunity in Kitsap County, Washington. Located at 10600 Silverdale Way NW, Silverdale, WA 98383 (47.6600446, -122.6845452), this multi-tenant property boasts excellent visibility due to its strategic location across from the Silverdale Mall, at the intersection of Silverdale Way and Myhre Road. Currently, 3,060 square feet of retail space is available for lease. The building's total area is 18,332 square feet. This presents a unique chance to establish or expand a business in a thriving retail hub. The property's prime location ensures high foot traffic and strong brand visibility. The existing infrastructure provides a solid foundation for immediate occupancy. This opportunity is ideal for businesses seeking a well-established location with significant exposure in a bustling commercial area. The property is situated in Kitsap County and offers easy access to major transportation routes, making it convenient for both customers and employees. This space is perfect for a variety of retail uses.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Total area 19,075 SF
Lot 1.37 ac (59,677 SF)
Zoning code RC
APN 162501-2-041-2005
UPID US90-1557826
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
  • Sound Sewing and Vacuum General Contractor
  • Vern Fonk Insurance Insurance Agency
  • Moneytree Loan Service
  • American Cancer Society Discovery Shop - Silverdale, WA Charitable Organization Social Service Agency
  • The Good Feet Store Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.75M
Owner & transaction history
Northshore Investments INC · 21 yrs held
Northshore Investments INC
since 2004
4 recorded transactions
2004
$3.4M
2004
Price N/A
1999
Price N/A
1991
$2.1M
Zoning & alternative use
RC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.3M +7.9%
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