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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Warehouses
11650 Clear Crk NW Rd, Silverdale, WA 98383-9642
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2722522
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Total area
8,000 SF
Lot
1.62 ac (70,567 SF)
Zoning code
C
APN
092501-3-043-2000
UPID
US90-2722522
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
-
Ferguson Waterworks Water Works Water Works Equipment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.29M
Owner & transaction history
Clear Creek Property Group LLC · 13 yrs held
Clear Creek Property Group LLC
since 2012
7 recorded transactions
Zoning & alternative use
C · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+24.8%
Medical building
$1.9M
+18.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,275,000
6.5%
$1,180,000
7%
$1,095,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,635,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,040,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$1,940,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,390,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$161 / 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
$13,377
Tax year 2024
Assessed value
$1,505,710
Assessed 2024
Previous assessed
$1,273,340
+18.2% YoY
Effective rate
0.89%
On assessed value
Assessed land
$628,620
Assessed improvement
$877,090
Land market value
$628,620
Improvement market value
$877,090
Total market value
$1,505,710
Applied tax rate
6,380.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
8,000 SF
Lot
1.62 ac (70,567 SF)
Zoning code
C
APN
092501-3-043-2000
UPID
US90-2722522
Jurisdiction
KITSAP
Zoning & alternative use
C · Silverdale, WA
Zoning C · permitted uses
C · 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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2005
Heating
NONE
Stories
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
Clear Creek Property Group LLC
Entity
Mailing address
4311 NAOMI ST NW, BREMERTON, WA 98310-2344
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Mar 31, 2021
—
Clear Creek Property Group LLC
—
Deed
related
$700,000 · Kitsap Cu
Mar 12, 2020
—
Clear Creek Property Group LLC
—
Deed
related
$3,659,868 · Kitsap Cu
Oct 10, 2018
—
Clear Creek Property Group LLC
—
Trustees Deed
related
$800,000 · Kitsap Cu
Nov 19, 2012
$1,250,000
Clear Creek Property Group LLC
Bankers Capital Management LLC
Warranty Deed
$937,500 · Timberland Bk
—
—
Sean R Olmsted
—
Deed Of Trust
related
$2,875,000 · Bank Of Nat'l Tr & Svgs
—
—
Clear Creek Property Group LLC
—
Deed Of Trust
related
$100,000 · Kitsap FCU
—
—
Clear Creek Property Group LLC
—
Deed Of Trust
related
$3,659,868 · Kitsap Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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