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Property profile & analytics
FOR SALE
Office buildings
10705 Silverdale Way NW, Silverdale, WA 98383
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0364182
For Sale
1 / 2
$4,350,000
10705 Silverdale Way NW, Silverdale, WA 98383
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
14,304 SF
Lot
1 ac (43,560 SF)
Zoning code
RC
APN
5053-000-005-0000
UPID
US90-0364182
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
-
Starbucks Cafe & Coffee Shop
-
Kevin Krieger - GEICO Insurance Agent Insurance Agency
-
Studio Three Six Om Gym & Fitness Center
-
Steven Finnegan, Waddell & Reed Financial Advisor
-
FGS, LLC IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Skba LLC · 9 yrs held
Skba LLC
since 2016
7 recorded transactions
Zoning & alternative use
RC · Silverdale, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / 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
$17,346
Tax year 2024
Assessed value
$1,952,360
Assessed 2024
Previous assessed
$1,918,870
+1.7% YoY
Effective rate
0.89%
On assessed value
Assessed land
$789,010
Assessed improvement
$1,163,350
Land market value
$789,010
Improvement market value
$1,163,350
Total market value
$1,952,360
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1987
Heating
YES
Stories
2
Total area
14,304 SF
Lot
1 ac (43,560 SF)
Zoning code
RC
APN
5053-000-005-0000
UPID
US90-0364182
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.
Building & site characteristics
From public records
Year built
1987
Heating
YES
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Skba LLC
Entity
Mailing address
8681 TRACYTON BLVD NW, BREMERTON, WA 98311-9068
Ownership since
2016
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
May 1, 2018
—
Skba LLC
—
Deed
related
$800,000 · Sean & Wendy Sullivan
Aug 18, 2016
$1,400,000
Skba LLC
Mufg Union Bk NA
Grant Deed
—
Mar 7, 2011
—
Union Bank NA
Frontier Bk
Grant Deed
related
—
Jan 15, 2009
—
Frontier Bk
Ffp INC
Quit Claim Deed
related
—
Aug 22, 2001
—
Ffp INC
Liberty Bay Financial Corp
Quit Claim Deed
related
—
—
—
Ffp INC
—
Deed Of Trust
related
$2,190,000 · Frontier Bank
—
—
Skba LLC
—
Deed Of Trust
related
$800,000 · Sean & Wendy Sullivan
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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