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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Medical Office Space
1890 Pottery Ave Port Orchard, WA 98366-2510
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3360011
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Total area
2,901 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CITY
APN
342401-4-086-2006
UPID
US90-3360011
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
-
Master Orthodontics and Facial Esthetics Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$985k
Owner & transaction history
Caballero Family Real Estate LLC · 4 yrs held
Caballero Family Real Estate LLC
since 2021
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
CITY · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+85.1%
Retail stores
$800,000
+13.4%
Neighborhood: shopping center
$740,000
+5.1%
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
$1,135,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$705,000
Current use
COMMERCIAL (GENERAL)
$1,305,000
Change: +85% · Conversion: Easy
RETAIL STORES
$800,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$595,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $1.00M (Oct 1 2021)
Last sale anchor
$1.00M
Oct 1 2021
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
$340 / 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
$5,375
Tax year 2024
Assessed value
$638,440
Assessed 2024
Previous assessed
$638,440
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$150,000
Assessed improvement
$488,440
Land market value
$150,000
Improvement market value
$488,440
Total market value
$638,440
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Heating
YES
Stories
1
Total area
2,901 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CITY
APN
342401-4-086-2006
UPID
US90-3360011
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
OFFICE BUILDING
Est. value
$720,000
WAREHOUSE, STORAGE
Est. value
$595,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
1989
Heating
YES
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Caballero Family Real Estate LLC
Entity
Mailing address
9204 158TH ST CT NW, GIG HARBOR, WA 98329-8844
Ownership since
2021
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
Feb 9, 2024
—
Caballero Family Real Estate LLC
—
Deed
related
$740,000 · Bank Of America NA
Jun 21, 2022
—
Caballero Familey Real Estate LLC
—
Deed
related
$2,580,000 · Live Oak Banking Company
Oct 1, 2021
$1,000,000
Caballero Family Real Estate LLC
Paul Lingenbrink Family LLC
Warranty Deed
$2,580,000 · Live Oak Banking Company
Mar 31, 2004
$550,000
Paul Lingenbrink Family LLC
Yoder,bruce L & Victoria J
Warranty Deed
$440,000 · Bank Of America
Mar 30, 2004
$550,000
Paul Lingenbrink Family LLC
Yoder,burce L & Victoria J
Grant Deed
$440,000 · Bank Of America
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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