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    Property profile & analytics

    2256 Colchester E Dr Port Orchard, WA 98366-8641

    • Medical offices
    • 1,422 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US90-1762151
    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.

    Current Use by Public Records

    • Dr. Michael J. Butler, MD / Family Practice Physician
    • A+ Sewing Services / Sewing Company

    Property Details for 2256 Colchester E Dr

    Year built
    2005
    Lot size
    0.16 lot acres
    Property size
    1,422 SF
    Zone code
    MVC
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    222402-3-010-2002
    APU
    22240230102002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $265,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $325,000
      Mixed-Use
      $300,000
      Hospitality
      $305,000
      Educational
      $320,000
      Residential Income
      $300,000
      Energy
      $260,000
      Income-Based Land
      $275,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.546
    Latitude
    47.5542
    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
    $2,242
    $97,740
    $177,940
    $275,680
    -
    $97,740
    $177,940
    $275,680

    Comparable in this City

    • Value Estimation by Request
      6,392 SF

      1880 Pottery Ave

      MEDICAL BUILDING • 6,392 SF
      1880 Pottery Ave, Port Orchard, WA 98366-2518
      View Details
    • Value Estimation
      $1,075,000
      2,901 SF

      1890 Pottery Ave

      MEDICAL BUILDING • 2,901 SF
      1890 Pottery Ave, Port Orchard, WA 98366-2510
      View Details
    • Value Estimation
      $300,000
      1,797 SF

      4601 Bethel SE Rd

      MEDICAL BUILDING • 1,797 SF
      4601 Bethel SE Rd, Port Orchard, WA 98366-1253
      View Details
    • Value Estimation
      $250,000
      1,934 SF

      2914 Mitchell SE Rd

      MEDICAL BUILDING • 1,934 SF
      2914 Mitchell SE Rd, Port Orchard, WA 98366-4428
      View Details
    • Value Estimation
      $405,000
      3,654 SF

      1570 Woodridge SE Dr

      MEDICAL BUILDING • 3,654 SF
      1570 Woodridge SE Dr, Port Orchard, WA 98366-3818
      View Details
    • Value Estimation by Request
      1.89 Acres

      Port

      MEDICAL BUILDING • 1.89 Acres
      Port, Orchard, WA 98366
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      8,508 SF

      Class A Medical Office Space in Port Orchard

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    • Contact for pricing
      6,000 SF

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    • $0.75 SF/Yr
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      Port Orchard Office Space Available

      Office space available for rent in Port Orchard, Washington.
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    • $25 SF/Yr
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      Updated Office Space For Lease

      Updated office space with private entrance and ensuite bathroom.
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    • $500 /Mo
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      Executive Office Suites For Lease

      Executive office suites available for lease with utilities included.
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    • $400 /Mo
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      Port Orchard Office Space Available

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      View Details
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    Port Orchard, WA 98366-8641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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