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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
2329 Wheaton Way, Bremerton, WA 98310-4347
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3331518
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Total area
3,009 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CITY
APN
3976-029-014-0007
UPID
US90-3331518
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
-
West Sound Denture Clinic LLC Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$540k
Owner & transaction history
Evelyn Cu · 5 yrs held
Evelyn Cu
since 2021
Last sale
$485,000
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$770,000
+34.5%
Medical building
$730,000
+28.0%
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
Method
Estimation
Statistic approach
$550,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
RETAIL STORES
$570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +35% · Conversion: Moderate
MEDICAL BUILDING
$730,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: -1% · Conversion: Easy
AUTO REPAIR, GARAGE
$540,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $485k (May 17 2021)
Last sale anchor
$485k
May 17 2021
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
$179 / 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
$5,009
Tax year 2024
Assessed value
$602,480
Assessed 2024
Previous assessed
$602,480
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$141,330
Assessed improvement
$461,150
Land market value
$141,330
Improvement market value
$461,150
Total market value
$602,480
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Heating
YES
Stories
1
Total area
3,009 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CITY
APN
3976-029-014-0007
UPID
US90-3331518
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WA
Zoning CITY · permitted uses
CITY · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
MEDICAL BUILDING
Est. value
$730,000
OFFICE BUILDING
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$540,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1945
Heating
YES
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Evelyn Cu
Individual
Mailing address
359 NE WAAGA WAY, BREMERTON, WA 98311-8757
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
—
Evelyn I Cu
—
Deed
related
$270,000 · Timberland Bank
Oct 18, 2021
—
Evelyn I Cu
—
Deed
related
$270,000 · Timberland Bank
May 17, 2021
$485,000
Evelyn Cu
Manette View LLC
Warranty Deed
$260,000 · Manette View LLC
Sep 20, 2005
$440,000
Manette View LLC
Carson,paul R & Joan
Warranty Deed
$352,000 · Timberland Bank
—
—
Manette View LLC
—
Deed Of Trust
related
$25,409 · Timberland Bank
—
—
Manette View LLC
—
Deed Of Trust
related
$110,000 · Timberland Bank
—
—
Paul R Carson
—
Deed Of Trust
related
$60,000 · West One Bank Washington
—
—
Manette View LLC
—
Deed Of Trust
related
$110,000 · Timberland Bank
—
—
Manette View LLC
—
Deed Of Trust
related
$45,000 · Liberty Bay Bank
—
—
Manette View LLC
—
Deed Of Trust
related
$100,000 · Paladin Funding LLC
—
—
Manette View LLC
—
Deed Of Trust
related
$550,000 · Timberland 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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