Financial
Distress signals
Property profile

202 Pacific Ave Bremerton, WA 98337

FOR LEASE
Office buildings
Property ID
US90-0605552
10,080 SF 0.11 ac lot Built 1916
Last sale Apr 2022 · $1,200,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
202 Pacific Ave, Bremerton, WA 98337 For Lease
Contact for pricing 5,040 SF available
202 Pacific Ave, Bremerton, WA 98337
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Property summary

AI-generated overview

The Bremerton Trust and Savings Building is a historic mixed-use structure featuring two covered brick entrances, a passenger elevator, and a broad central stairwell. The interior layout includes wide doorways and hallways with emergency exits, while original architectural character has been retained. Large exterior windows, many oriented to the south or west, provide natural light and offer views toward Puget Sound or a nearby park. The building fronts Puget Sound Naval Shipyard Memorial Plaza

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$1.21M
Assessed land$87k
Assessed improvement$1.12M
Effective rate0.85%

Value estimate

· Sep 2026
$1.52M
$1.37M – $1.67M
AI approach$1.55M
Sales comparison$1.87M
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$7k
Operating expenses−$25k
NOI · 265,563.64% cap applied$58k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$83 – $297
Qualifying comparables11

Cap rate analysis

How does the asset earn?
265,563.64%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CITY
JurisdictionKITSAP

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.6
Auto Parts Store13.7
Realty agency12.4

Location

202 Pacific Ave Bremerton, WA 98337
County assessor Recorded deeds · 9 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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