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    19917 7Th Ave NE Poulsbo, WA 98370
    Property profile & analytics

    19917 7Th Ave NE, Poulsbo, WA 98370

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    • Office buildings
    • 44,194 SF
    • 1.44 lot acres
    Poulsbo Office Space Available For Lease
    $26 SF/Yr
    9,600 SF

    Poulsbo Office Space Available

    9,600 SF office space for lease in Poulsbo, WA.

    19917 7th Ave NE, Poulsbo, WA
    View Listing
    Property ID
    US90-1246321
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $13,005,000
    Cap Rate Potential
    3.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 19917 7Th Ave NE

    Year built
    1994
    Lot size
    1.44 lot acres
    Zone code
    CITY
    Property type
    Office buildings
    APN
    142601-3-096-2008
    APU
    14260130962008

    Description

    This exceptional two-story, Class B medical office building in Poulsbo, Kitsap County, offers 41,680 square feet of space, with 11,652 square feet currently available for lease. Built in 1994 and renovated in 2005, the property sits on 2.51 acres and boasts ample parking with 214 spaces (approximately 5 stalls per 1,000 square feet). The building features elevators and excellent street presence, including monument signage and potential for exterior building signage. Currently housing reputable medical tenants such as Fred Hutchinson Cancer Care, Franciscan Virginia Mason, and Allied Dermatology, this building provides a strong foundation for continued success. Available suites range from 2,052 to 9,600 square feet, offering flexibility for various medical practices. Its central Poulsbo location ensures convenient access for patients throughout Kitsap County. The building's multiple tenancy structure provides a diverse and stable income stream. This is a prime opportunity to acquire a well-established medical office building in a thriving community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $11,255,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $11,200,000
      6.5%
      $10,340,000
      7%
      $9,600,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,200,000
      Market price range: $6.29M - $16.9M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,005,000
      Current use
      COMMERCIAL (GENERAL)
      $19,855,000
      Change: +80% Conversion: Easy
      RETAIL STORES
      $12,165,000
      Change: +11% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $11,275,000
      Change: +2% Conversion: Difficult
      MEDICAL BUILDING
      $10,730,000
      Change: -2% Conversion: Easy
      WAREHOUSE, STORAGE
      $9,525,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Poulsbo
    County
    Kitsap
    State
    Washington
    Longitude
    -122.641
    Latitude
    47.7441
    CBSA code
    14740
    CBSA name
    BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $61,952
    $341,250
    $6,770,580
    $7,111,830
    -
    $341,250
    $6,770,580
    $7,111,830
    View Listing
    More about this property
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