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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Medical Office Space
2530 Perry Ave Bremerton, WA 98310-5219
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1602305
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Total area
3,154 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C
APN
122401-1-127-2009
UPID
US90-1602305
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
-
Olympic It Services IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Peninsula Oral Surgery Dental Office
-
Dr. Matthew Callan Dental Office
-
John Reed Fry Dental Office
-
John R Fry DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$960k
Owner & transaction history
Matthew Callan · 4 yrs held
Matthew Callan
since 2022
Last sale
$975,000
5 recorded transactions
Zoning & alternative use
C · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+85.1%
Neighborhood: shopping center
$805,000
+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 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
$1,235,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$765,000
Current use
COMMERCIAL (GENERAL)
$1,415,000
Change: +85% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $975k (Jan 24 2022)
Last sale anchor
$975k
Jan 24 2022
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
$304 / 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
$9,226
Tax year 2024
Assessed value
$988,490
Assessed 2024
Previous assessed
$988,490
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$189,200
Assessed improvement
$799,290
Land market value
$189,200
Improvement market value
$799,290
Total market value
$988,490
Applied tax rate
1,270.0000
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
1975
Heating
NONE
Stories
1
Total area
3,154 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C
APN
122401-1-127-2009
UPID
US90-1602305
Jurisdiction
KITSAP
Zoning & alternative use
C · Bremerton, WAZoning C · permitted uses
C · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Heating
NONE
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Matthew Callan
Individual
Mailing address
1817 153RD ST CT NW, GIG HARBOR, WA 98332-9765
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
$975,000
Matthew Callan
C & P Management LLC
Warranty Deed
$835,000 · C&p Management LLC
Mar 3, 2016
—
C & P Management LLC
Lasnetske,john C
Quit Claim Deed
related
—
Dec 29, 2010
—
C & P Management LLC
Lasnetske,john C
Quit Claim Deed
related
—
Jul 21, 1998
—
Kathleen Lasnetske
Lasnetske,john C
Quit Claim Deed
related
$250,000 · Kitsap Bank
Nov 23, 1992
—
J C Lasnetske
Unknown
Quit Claim Deed
related
—
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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