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Property profile & analytics
OFF-MARKET
Bars & Pubs
2171 Erlands Pt NW Rd Bremerton, WA 98312-1317
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0376486
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1934
Total area
3,443 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RCO
APN
052401-3-068-2005
UPID
US90-0376486
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
-
ATM Atm
-
19th Hole Bar & Grill Take-out & Catering Catering Service
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
2171 Erlands Pt LLC · 4 yrs held
2171 Erlands Pt LLC
since 2021
7 recorded transactions
Zoning & alternative use
RCO · Bremerton, 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 Bremerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremerton 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
$7,516
Tax year 2024
Assessed value
$840,900
Assessed 2024
Previous assessed
$756,810
+11.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$143,230
Assessed improvement
$697,670
Land market value
$143,230
Improvement market value
$697,670
Total market value
$840,900
Applied tax rate
6,070.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1934
Heating
YES
Stories
1
Bathrooms
2
Total area
3,443 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RCO
APN
052401-3-068-2005
UPID
US90-0376486
Jurisdiction
KITSAP
Zoning & alternative use
RCO · Bremerton, WA
Zoning RCO · permitted uses
RCO · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Heating
YES
Stories
1
Bathrooms
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
2171 Erlands Pt LLC
Entity
Mailing address
2171 ERLANDS PT RD NW, BREMERTON, WA 98312-1317
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
2171 Erlands Pt LLC
Scott W Sargeant
Warranty Deed
—
Jun 28, 2017
$1,000,000
Scott W Sargeant
Gates,richard N & Tai Y
Warranty Deed
$1,000,000 · Richard N & Tai Y Gates
Jul 12, 2010
$600,000
Richard N Gates
Shattuck Richard B
Trustees Deed
—
Mar 7, 2008
$655,000
H Group LLC
Sellar,ronald L & Mary J
Warranty Deed
$600,000 · Richard N Tai Y Gates
—
—
Ronald J Sellar
—
Deed Of Trust
related
$20,903 · Kitsap Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$91,494 · Kitsap Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$40,140 · Kitsap Bank
—
—
Richard N Gates
—
Deed Of Trust
related
$50,000 · Liberty Bay Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$140,000 · Westsound Bank
—
—
Mary J Sellar
—
Deed Of Trust
related
$98,383 · Westsound Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$100,000 · Westsound Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$25,000 · Westsound Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$40,140 · Kitsap Bank
—
—
Ronald L Sellar
—
Deed Of Trust
related
$91,494 · Kitsap 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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