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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
1193 Tahoe Ln, Silverdale, WA 98383-7954
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0967725
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
4,950 SF
Lot
0.49 ac (21,344 SF)
Zoning code
NC
APN
102501-3-053-2004
UPID
US90-0967725
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
-
Ridgetop Animal Hospital: Ryan Mike DVM NOT ON STAFF Veterinary Clinic
-
Ridgetop Animal Hospital Veterinary Clinic
-
Ridgetop Animal Hospital: Ryan Mardell DVM Veterinary Clinic
-
Ridgetop Animal Hospital: Kinder Sherri DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.40M
Owner & transaction history
Fcpt Holdings LLC · 3 yrs held
Fcpt Holdings LLC
since 2023
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
NC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+24.7%
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
$1,770,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
$1,255,000
6.5%
$1,160,000
7%
$1,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,785,000
Current use
COMMERCIAL (GENERAL)
$2,225,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.36M (Jun 1 2023)
Last sale anchor
$1.36M
Jun 1 2023
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
$282 / 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
$8,837
Tax year 2024
Assessed value
$994,680
Assessed 2024
Previous assessed
$994,680
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$265,880
Assessed improvement
$728,800
Land market value
$265,880
Improvement market value
$728,800
Total market value
$994,680
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
Off-Market
Year built
1996
Heating
YES
Stories
1
Total area
4,950 SF
Lot
0.49 ac (21,344 SF)
Zoning code
NC
APN
102501-3-053-2004
UPID
US90-0967725
Jurisdiction
KITSAP
Zoning & alternative use
NC · Silverdale, WA
Zoning NC · permitted uses
NC · 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
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1996
Heating
YES
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Fcpt Holdings LLC
Entity
Mailing address
PO BOX 3369, THOUSAND OAKS, CA 91359-3369
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$1,360,000
Fcpt Holdings LLC
John A Paulson
Warranty Deed
—
May 19, 2023
—
John Alan Paulson
—
Deed
related
$500 · Us Bank NA
Apr 25, 2023
—
John Paulson
Lisa Collins Paulson
Intrafamily Transfer
related
—
Aug 24, 2001
$345,000
John A Paulson
Timberland Savings Bank
Grant Deed
$825,000 · Cit Small Business Lending Co
—
—
John A Paulson
—
Deed Of Trust
related
$100,000 · Us Bank NA
—
—
John A Paulson
—
Deed Of Trust
related
$570,000 · Us Bank NA
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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