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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Assisted living facilities
2031 Pottery Ave, Port Orchard, WA 98366-2010
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-3338475
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1971
Total area
47,572 SF
Lot
2.73 ac (118,919 SF)
Zoning code
CITY
APN
022301-2-064-2005
UPID
US90-3338475
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
-
Barry J. Willis, MSPT Physician
-
Life Care Center of Port Orchard Nursing Home
-
Molly V. Read, OT Physician
-
Dorian B. Bannister, CLT Physician
-
Anthony Stephens Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Lisa M Price · 21 yrs held
Lisa M Price
since 2004
6 recorded transactions
Zoning & alternative use
CITY · Port Orchard, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$47,037
Tax year 2024
Assessed value
$5,587,160
Assessed 2024
Previous assessed
$6,145,660
-9.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$220,450
Assessed improvement
$5,366,710
Land market value
$220,450
Improvement market value
$5,366,710
Total market value
$5,587,160
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1971
Heating
YES
Stories
1
Total area
47,572 SF
Lot
2.73 ac (118,919 SF)
Zoning code
CITY
APN
022301-2-064-2005
UPID
US90-3338475
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.
Building & site characteristics
From public records
Year built
1971
Heating
YES
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Lisa M Price
Individual
Mailing address
3570 KEITH ST NW, CLEVELAND, TN 37312-4309
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2009
—
Port Orchard Operations LLC
—
Deed Of Trust
related
$18,500,000 · First Bank
Oct 18, 2004
—
Lisa M Price
Price,lisa M
Quit Claim Deed
related
—
Oct 18, 2004
$5,985,000
Port Orchard Medical Invtrs Ll
Price Trust
Warranty Deed
—
—
—
Port Orchard Medical Investors
—
Loan Modification
related
$16,844,328 · First Bank
—
—
Port Orchard Medical Invtrs Ll
—
Deed Of Trust
related
$3,233,618 · Merrill Lynch Capital
—
—
Port Orchard Medical Invtrs Ll
—
Deed Of Trust
related
$18,500,000 · First 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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