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Property profile & analytics
OFF-MARKET
Estimated value
$3,420,000
Manufacturing properties
26287 12th Trees NW Ln, Poulsbo, WA 98370-9435
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1607752
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Total area
21,270 SF
Lot
0.9 ac (39,204 SF)
Zoning code
TTEC
APN
7000-000-004-0001
UPID
US90-1607752
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$3.42M
Owner & transaction history
Old Brown Dog Holdings LLC · 6 yrs held
Old Brown Dog Holdings LLC
since 2020
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
TTEC · Poulsbo, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+145.2%
Commercial (general)
$4.3M
+137.4%
Auto repair, garage
$2.6M
+42.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,440,000
Change: +145% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,300,000
Change: +137% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,585,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$2,135,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$2,130,000
Change: +18% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,100,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$3.42M
Range $3.08M – $3.76M · ±10% · vs last sale $3.13M (Mar 6 2020)
Last sale anchor
$3.13M
Mar 6 2020
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
$161 / 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
$27,888
Tax year 2024
Assessed value
$3,324,350
Assessed 2024
Previous assessed
$3,324,350
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$310,520
Assessed improvement
$3,013,830
Land market value
$310,520
Improvement market value
$3,013,830
Total market value
$3,324,350
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
2006
Heating
NONE
Stories
1
Total area
21,270 SF
Lot
0.9 ac (39,204 SF)
Zoning code
TTEC
APN
7000-000-004-0001
UPID
US90-1607752
Jurisdiction
KITSAP
Zoning & alternative use
TTEC · Poulsbo, WA
Zoning TTEC · permitted uses
TTEC · 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
RESTAURANT
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2006
Heating
NONE
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Old Brown Dog Holdings LLC
Entity
Mailing address
179 MADRONE LN N STE #205, BAINBRIDGE ISLAND, WA 98110-2175
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2020
$4,933,125
Old Brown Dog Holdings LLC
Grundsund Property Co
Grant Deed
$1,594,200 · Umpqua Bk
Mar 6, 2020
$3,125,000
Old Brown Dog Holdings LLC
Grundsund Property Co
Warranty Deed
$1,594,200 · Umpqua Bank
Aug 13, 2015
$2,232,000
Grundsund Property Co
Jackson Brothers LLC
Warranty Deed
$552,000 · Jackson Brothers LLC
Mar 16, 2006
$395,000
Jackson Brothers LLC
Vici Dev LLC
Warranty Deed
$1,520,000 · Peoples Bank & Trust
—
—
Jackson Brothers LLC
—
Deed Of Trust
related
$967,186 · Kitsap Bank
—
—
Grundsund Property Co
—
Deed Of Trust
related
$1,808,000 · Wells Fargo Bk
—
—
Old Brown Dog Holdings LLC
—
Deed Of Trust
related
$1,594,200 · Umpqua Bk
—
—
Old Brown Dog Holdings LLC
—
Deed Of Trust
related
$1,289,000 · Ameritrust Cdc
—
—
Old Brown Dog Holdings LLC
—
Deed Of Trust
related
$1,594,200 · Umpqua Bk
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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