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Property profile & analytics
FOR SALE
Office buildings
1550 Woodridge Dr SE Port Orchard, WA 98366
Entity Owned
Free & Clear
Property ID
US90-1249808
No photos on file
For Sale
$1,300,000
1550 Woodridge Dr SE, Port Orchard, WA 98366
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
3,840 SF
Lot
0.79 ac (34,412 SF)
Zoning code
RCO
APN
5518-000-006-0008
UPID
US90-1249808
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
-
Greysam Industrial Services Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$890k
Owner & transaction history
Tucalupesi Real Estate LLC
Tucalupesi Real Estate LLC
since 2025
Last sale
$925,000
5 recorded transactions
Zoning & alternative use
RCO · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+10.6%
Neighborhood: shopping center
$980,000
+2.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$955,000
Current use
RETAIL STORES
$1,055,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$785,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $925k (Dec 1 2025)
Last sale anchor
$925k
Dec 1 2025
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
$232 / 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
$3,910
Tax year 2024
Assessed value
$486,600
Assessed 2024
Previous assessed
$486,600
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$154,570
Assessed improvement
$332,030
Land market value
$154,570
Improvement market value
$332,030
Total market value
$486,600
Applied tax rate
8,340.0000
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
For Sale
Year built
1997
Heating
YES
Stories
1
Total area
3,840 SF
Lot
0.79 ac (34,412 SF)
Zoning code
RCO
APN
5518-000-006-0008
UPID
US90-1249808
Jurisdiction
KITSAP
Zoning & alternative use
RCO · Port Orchard, WA
Zoning RCO · permitted uses
RCO · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$955,000
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
MEDICAL BUILDING
Est. value
$930,000
WAREHOUSE, STORAGE
Est. value
$785,000
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1997
Heating
YES
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Tucalupesi Real Estate LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 2058, PORT ORCHARD, WA 98366-0738
Ownership since
2025
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 1, 2025
$925,000
Tucalupesi Real Estate LLC
Greysam Industrial Services INC
Warranty Deed
—
Apr 14, 2017
$476,124
Greysam Industrial Services
Woodridge Lot 6 LLC
Warranty Deed
$432,400 · Wells Fargo Bk
Mar 11, 1997
—
Lisa B Stephens
—
Grant Deed
related
$284,249 · First National Bank Port Orcha
Nov 1, 1995
$46,134
Lisa B Stephens
Skalabrin,nicholas J & Joan C
Grant Deed
$36,134 · Seller
—
—
Woodridge Lot 6 LLC
—
Deed Of Trust
related
$269,274 · Kitsap Bank
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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