Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,215,000
Medical Office Space
2200 Myhre Rd Silverdale, WA 98383-7681
Entity Owned
~
Est. High Equity
Property ID
US90-1314937
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
59,220 SF
Lot
6.37 ac (277,477 SF)
Zoning code
RC
APN
162501-1-040-2008
UPID
US90-1314937
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
-
Doctors Clinic: Halligan William MD Physician
-
Diane M. Newman-Branch, OTRL Physician
-
The Doctors Clinic: Bridget Zaro, OTR/L, CHT, CLT Physician
-
The Doctors Clinic: Rajeev P. Misra, DO Physician
-
Micah Christensen 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
$10.22M
Owner & transaction history
Silverdale 2200 Mp Wrk7 LLC
Silverdale 2200 Mp Wrk7 LLC
since 2026
7 recorded transactions
Zoning & alternative use
RC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$16.3M
+13.4%
Neighborhood: shopping center
$15.1M
+5.1%
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 Silverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverdale 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,380,000
Current use
RETAIL STORES
$16,305,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,110,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,110,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$10.22M
Range $9.19M – $11.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / 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
$183,210
Tax year 2024
Assessed value
$20,621,520
Assessed 2024
Previous assessed
$20,621,510
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,699,430
Assessed improvement
$18,922,090
Land market value
$1,699,430
Improvement market value
$18,922,090
Total market value
$20,621,520
Applied tax rate
6,410.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Heating
NONE
Stories
3
Bathrooms
1
Total area
59,220 SF
Lot
6.37 ac (277,477 SF)
Zoning code
RC
APN
162501-1-040-2008
UPID
US90-1314937
Jurisdiction
KITSAP
Zoning & alternative use
RC · Silverdale, WA
Zoning RC · permitted uses
RC · Silverdale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$14.4M
RETAIL STORES
Est. value
$16.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.1M
WAREHOUSE, STORAGE
Est. value
$12.1M
MEDICAL BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Stories
3
Bathrooms
1
Lot
6.37 ac
Current owner
From public records · entity-resolved
Silverdale 2200 Mp Wrk7 LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2026
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
Mar 24, 2026
—
Silverdale 2200 Mp Wrk7 LLC
2200 Nw Myhre Road LLC
Special Warranty Deed
$360,281,750 · Capital One NA
Dec 27, 2018
$24,500,000
2200 Nw Myhre Road LLC
Hp Silverdale LLC
Grant Deed
—
Feb 14, 2017
—
Hp Silverdale LLC
—
Loan Modification
related
$24,030,000 · Miscellaneous Ins Co
Oct 14, 2015
—
Hp Silverdale LLC
—
Grant Deed
related
$24,030,000 · Miscellaneous Ins Co
Jun 3, 2015
—
Hp Silverdale LLC
Tim Ryan Properties LP
Grant Deed
related
—
May 18, 2015
$20,000,000
Hp Silverdale LLC
Tim Ryan Properties LP
Warranty Deed
—
May 6, 2005
—
Tim Ryan Properties
—
Deed Of Trust
related
$9,000,000 · Ge Capital Assurance Co
May 12, 2003
—
Timothy J Ryan
—
Trustees Deed
related
$8,400,000 · Frontier Bank
Mar 31, 2003
$995,000
Tim Ryan
Clear Creek Associates
Grant Deed
$360,000 · Wells Fargo Home Mortgage INC
Mar 15, 1993
—
Clear Creek Associates
Unknown
Grant Deed
related
—
Jan 13, 1992
$3,000
Clear Creek Associates
Unknown
Quit Claim Deed
related
—
—
—
Clear Creek Associates
—
Deed Of Trust
related
$4,000 · Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2200 Myhre Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
