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Property profile & analytics
OFF-MARKET
Office buildings
19188 8th NE Ave Poulsbo, WA 98370-8773
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0695556
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
1,088 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CITY
APN
232601-1-059-2006
UPID
US90-0695556
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
Poulsbo Dental Center Building LLC · 3 yrs held
Poulsbo Dental Center Building LLC
since 2022
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
CITY · Poulsbo, 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 Poulsbo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poulsbo 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
$3,936
Tax year 2024
Assessed value
$451,810
Assessed 2024
Previous assessed
$451,810
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$115,660
Assessed improvement
$336,150
Land market value
$115,660
Improvement market value
$336,150
Total market value
$451,810
Applied tax rate
415.0000
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
Off-Market
Year built
1975
Heating
YES
Stories
1
Total area
1,088 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CITY
APN
232601-1-059-2006
UPID
US90-0695556
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Poulsbo, WA
Zoning CITY · permitted uses
CITY · Poulsbo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poulsbo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
YES
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Poulsbo Dental Center Building LLC
Entity
Mailing address
19170 8TH AVE NE, POULSBO, WA 98370-8773
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
$450,000
Poulsbo Dental Center Building LLC
Eighth Avenue Poulsbo LLC
Warranty Deed
$225,000 · Kitsap Bank
Mar 29, 2019
—
Eighth Avenue Poulsbo LLC
—
Deed
related
$310,000 · Kitsap Bk
Feb 27, 2014
$321,000
Eighth Avenue Poulsbo LLC
Jwj Group LLC
Warranty Deed
$262,500 · Kitsap Bk
Dec 30, 2013
$268,000
Jwj Group LLC
Mclaughlin Penny Ann Trust
Warranty Deed
—
Jan 31, 2011
—
Mclaughlin Penny A Trust
Mclaughlin,penny A
Quit Claim Deed
related
—
May 14, 2007
—
Mclaughlin Penny A Trust
Mclaughlin,penny A
Quit Claim Deed
related
—
Jan 26, 2007
$485,000
Penny Mclaughlin
Poulsbo Properties LLC
Warranty Deed
$388,000 · Silver Hill Financial LLC
May 3, 2004
—
Poulsbo Properties LLC
Anderson,gary V & Roberta S
Grant Deed
related
—
Nov 1, 2002
$395,000
Gary V Anderson
Pierson,j G & Joyce C
Grant Deed
$316,000 · Sterling Savings Bank
—
—
Eighth Avenue Poulsbo LLC
—
Loan Modification
related
$310,000 · Kitsap Bk
—
—
Graham J Pierson
—
Deed Of Trust
related
$248,500 · North Sound Bank
—
—
Pierson J G
—
Deed Of Trust
related
$250,000 · North Sound 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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