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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1338 Marine Dr, Bremerton, WA 98312-2432
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0105217
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1958
Total area
2,240 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CITY
APN
152401-2-116-2007
UPID
US90-0105217
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marine Real Estate LLC · 4 yrs held
Marine Real Estate LLC
since 2022
Last sale
$360,000
5 recorded transactions
Zoning & alternative use
CITY · Bremerton, 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 Bremerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremerton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,523
Tax year 2024
Assessed value
$414,040
Assessed 2024
Previous assessed
$387,410
+6.9% YoY
Effective rate
0.85%
On assessed value
Assessed land
$167,680
Assessed improvement
$246,360
Land market value
$167,680
Improvement market value
$246,360
Total market value
$414,040
Applied tax rate
10.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Buildings
3
Stories
1
Bathrooms
2
Total area
2,240 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CITY
APN
152401-2-116-2007
UPID
US90-0105217
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WA
Zoning CITY · permitted uses
CITY · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
FORCED AIR
Stories
1
Buildings
3
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Marine Real Estate LLC
Entity
Mailing address
775 NW FAIRWOOD WAY, BREMERTON, WA 98311-9119
Ownership since
2022
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
Jan 20, 2022
$360,000
Marine Real Estate LLC
Dong Hyun Kang
Warranty Deed
—
Jul 1, 2005
—
Dong-hyun Kang
—
Trustees Deed
related
$139,120 · Pacific International Bank
Apr 27, 2004
$160,000
Dong H Kang
No,chon M & Joyce H
Warranty Deed
$128,000 · Pacific International Bank
Mar 15, 2004
—
Dale Oien
Stinison,william & Carrie
Quit Claim Deed
related
—
—
—
Dong H Kang
—
Deed Of Trust
related
$240,000 · Executive House INC
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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