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Property profile & analytics
FOR SALE
Retail space
1130 Bethel Ave, Port Orchard, WA 98366
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1431805
For Sale
$1,650,000
1130 Bethel Ave, Port Orchard, WA 98366
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
4,618 SF
Lot
1.16 ac (50,530 SF)
Zoning code
CITY
APN
4060-005-018-0107
UPID
US90-1431805
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
-
Multicultural Children Center Daycare Center
-
The Grey House Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$821k
Blend (final)
Blend
$995k
Owner & transaction history
Latinamerica House LLC · 4 yrs held
Latinamerica House LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CITY · Port Orchard, 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 Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard 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
$1,135,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,270,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,180,000
Change: -7% · Conversion: Moderate
OFFICE BUILDING
$1,150,000
Change: -10% · Conversion: Easy
MEDICAL BUILDING
$1,120,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $1.00M (Jul 15 2021)
Last sale anchor
$1.00M
Jul 15 2021
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
$215 / 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
$8,201
Tax year 2024
Assessed value
$974,070
Assessed 2024
Previous assessed
$759,700
+28.2% YoY
Effective rate
0.84%
On assessed value
Assessed land
$216,240
Assessed improvement
$757,830
Land market value
$216,240
Improvement market value
$757,830
Total market value
$974,070
Applied tax rate
805.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1993
Heating
YES
Stories
2
Total area
4,618 SF
Lot
1.16 ac (50,530 SF)
Zoning code
CITY
APN
4060-005-018-0107
UPID
US90-1431805
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WA
Zoning CITY · permitted uses
CITY · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orchard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
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
1993
Heating
YES
Stories
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Latinamerica House LLC
Entity
Mailing address
1130 BETHEL AVE, PORT ORCHARD, WA 98366-3105
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$1,000,000
Latinamerica House LLC
1130 Rosewood Lane LLC
Warranty Deed
$1,000,000 · 1130 Rosewod Lane LLC
May 18, 2011
—
1130 Rosewoode Lane LLC
Debbie Ink LLC
Quit Claim Deed
related
—
May 2, 2011
—
1130 Rosewood Lane LLC
Debbie Ink LLC
Quit Claim Deed
related
—
Oct 15, 2009
—
Seaswirl III LLC
Debbie Ink LLC
Quit Claim Deed
related
—
Sep 30, 2004
$800,000
Debbie Ink LLC
1998 Odonnell Family
Warranty Deed
$600,000 · 1998 O'donnell Family LP
Dec 15, 2003
—
Odonnell Family LP
Odonnell,john G & Sandra R
Quit Claim Deed
related
—
Feb 19, 1998
—
John G O'donnell
—
Grant Deed
related
$1,164,000 · First National Bank Port Orcha
Nov 26, 1991
$135,000
John O'donnell
Unknown
Grant Deed
—
—
—
John G Adonnell
—
Deed Of Trust
related
$225,971 · Kitsap Bank
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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