1231 Sheridan Rd, Bremerton, WA 98310
For Sale
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This exceptional 5.08-acre property at 1231 Sheridan Rd, Bremerton, WA 98310, presents a remarkable investment opportunity. Zoned under the Eastside Village Subarea Plan, this versatile land allows for multifamily, commercial, or light industrial development. The level terrain simplifies construction, while the presence of major utilities nearby streamlines the development process. Situated in Kitsap County, this location benefits from proximity to key retail amenities and the thriving Bremerton market, significantly boosted by the expanding naval shipyard. The property's strategic location offers the best of both worlds: the charm of a close-knit community and easy access to the urban amenities of Seattle via a short ferry ride. This presents a unique chance to capitalize on Bremerton's robust growth and strong market trends. The asking price is $2,750,000. Don't miss this chance to build your next project in this dynamic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miSimilar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.