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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Drive through restaurants
1310 Bay St, Port Orchard, WA 98366-5113
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3248047
Property summary
AI-generated overview
This exceptional 1,830 square foot restaurant located at 1310 Bay Street in Port Orchard, Washington, presents a unique investment opportunity. Currently configured as a fully operational restaurant, this property boasts a convenient drive-thru, ideal for maximizing efficiency and customer convenience. The property is situated in a high-traffic area, benefiting from significant daily traffic counts of 14,000 vehicles on nearby Bethel Avenue. Significant road improvements are underway, commencing Spring 2023 and projected for completion by Fall 2023, further enhancing accessibility and visibility for the business. This turnkey operation is ready for immediate occupancy, offering a seamless transition for new owners. The property's location in Kitsap County, Washington, zip code 98366, provides easy access to a thriving community. The property is classified as retail, specifically a restaurant, and offers a substantial 1,830 square feet of space. This is an excellent opportunity for an established restaurant operator or a new entrepreneur looking to capitalize on a prime location and existing infrastructure. The property is offered for sale.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1969
Total area
1,830 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CITY
APN
4042-001-001-0009
UPID
US90-3248047
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
-
KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Orchard Foods Corporation · 1 yrs held
Orchard Foods Corporation
since 2024
Last sale
$750,000
5 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Dec 26 2024)
Last sale anchor
$750k
Dec 26 2024
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
$410 / 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
$5,291
Tax year 2024
Assessed value
$628,520
Assessed 2024
Previous assessed
$598,600
+5.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$88,040
Assessed improvement
$540,480
Land market value
$88,040
Improvement market value
$540,480
Total market value
$628,520
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1969
Heating
YES
Stories
1
Total area
1,830 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CITY
APN
4042-001-001-0009
UPID
US90-3248047
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.
Building & site characteristics
From public records
Year built
1969
Heating
YES
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Orchard Foods Corporation
Entity
Mailing address
13718 NE 36TH PL, BELLEVUE, WA 98005-1413
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
$750,000
Orchard Foods Corporation
Maine LLC
Warranty Deed
$562,500 · Liberty Bank
Feb 3, 2006
$140,000
Maine LLC
Coopsam LLC
Warranty Deed
—
Feb 3, 2006
$1,260,000
Maine LLC
Blackjack Creek LLC
Warranty Deed
—
Jul 8, 2004
$403,000
Blackjack Creek LLC
Ross,robert T
Warranty Deed
$483,750 · Westsound Bank
Oct 13, 1990
—
Kentucky Fried Chicken Of Ca
Unknown
Grant Deed
related
—
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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