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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Manufacturing properties
26108 Pioneer NW Way, Poulsbo, WA 98370-9565
Entity Owned
19-yr Hold
Free & Clear
Property ID
US90-0805556
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Total area
9,060 SF
Lot
10.11 ac (440,392 SF)
Zoning code
MRO/RR
APN
272701-3-019-2006
UPID
US90-0805556
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$825k
Owner & transaction history
Triple P LLC · 19 yrs held
Triple P LLC
since 2006
7 recorded transactions
Zoning & alternative use
MRO/RR · Poulsbo, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+42.7%
Office building
$910,000
+18.0%
Retail stores
$905,000
+17.5%
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 Poulsbo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poulsbo 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
$600,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$770,000
Current use
AUTO REPAIR, GARAGE
$1,100,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$910,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +18% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$855,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$91 / 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
$9,939
Tax year 2024
Assessed value
$1,184,710
Assessed 2024
Previous assessed
$1,055,430
+12.2% YoY
Effective rate
0.84%
On assessed value
Assessed land
$278,110
Assessed improvement
$906,600
Land market value
$278,110
Improvement market value
$906,600
Total market value
$1,184,710
Applied tax rate
4,370.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Heating
YES
Stories
2
Total area
9,060 SF
Lot
10.11 ac (440,392 SF)
Zoning code
MRO/RR
APN
272701-3-019-2006
UPID
US90-0805556
Jurisdiction
KITSAP
Zoning & alternative use
MRO/RR · Poulsbo, WA
Zoning MRO/RR · permitted uses
MRO/RR · Poulsbo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poulsbo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$910,000
RETAIL STORES
Est. value
$905,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
MEDICAL BUILDING
Est. value
$855,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2002
Heating
YES
Stories
2
Lot
10.11 ac
Current owner
From public records · entity-resolved
Triple P LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 2213, SILVERDALE, WA 98383-2213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2006
—
Triple P LLC
Hill,andrew J
Quit Claim Deed
related
—
Feb 8, 2006
—
Andrew J Hill
Hill,frederick D
Quit Claim Deed
related
—
Aug 25, 1997
—
Fred D Hill
Michael Trout Co
Grant Deed
related
—
Jul 16, 1997
$300,000
Fred D Hill
Trout Company INC
Grant Deed
—
Oct 17, 1988
$17,000
Harold Lanning
Unknown
Grant Deed
—
—
—
Triple P LLC
—
Deed Of Trust
related
$97,732 · Kitsap Bank
—
—
Fred D Hill
—
Deed Of Trust
related
$247,450 · Frontier Bank
—
—
Fred D Hill
—
Deed Of Trust
related
$221,176 · American Marine 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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