Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Warehouses
26343 Bond NE Rd Kingston, WA 98346-8495
Entity Owned
6-yr Hold
Free & Clear
Property ID
US90-0382696
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Total area
9,600 SF
Lot
1.03 ac (44,867 SF)
Zoning code
REC
APN
292702-1-060-2005
UPID
US90-0382696
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
$1.42M
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$1.07M
Owner & transaction history
26343 Bond LLC · 6 yrs held
26343 Bond LLC
since 2019
7 recorded transactions
Zoning & alternative use
REC · Kingston, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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%
$1,530,000
6.5%
$1,415,000
7%
$1,315,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,665,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$111 / 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
$8,848
Tax year 2024
Assessed value
$1,036,290
Assessed 2024
Previous assessed
$943,420
+9.8% YoY
Effective rate
0.85%
On assessed value
Assessed land
$154,710
Assessed improvement
$881,580
Land market value
$154,710
Improvement market value
$881,580
Total market value
$1,036,290
Applied tax rate
4,320.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Bathrooms
4
Total area
9,600 SF
Lot
1.03 ac (44,867 SF)
Zoning code
REC
APN
292702-1-060-2005
UPID
US90-0382696
Jurisdiction
KITSAP
Zoning & alternative use
REC · Kingston, WAZoning REC · permitted uses
REC · Kingston, 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
AUTO REPAIR, GARAGE
Est. value
$1.7M
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
2007
Heating
NONE
Stories
1
Bathrooms
4
Lot
1.03 ac
Current owner
From public records · entity-resolved
26343 Bond LLC
Entity
Free & Clear · 6 yrs held
Mailing address
321 HIGH SCHOOL RD NE STE D3STED3, BAINBRIDGE ISLAND, WA 98110-2647
Ownership since
2019
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 1, 2019
—
26343 Bond LLC
Wong,michael & Annette
Warranty Deed
related
—
Jan 12, 2012
$800,000
Michael Wong
Whidbey Island Bk
Warranty Deed
—
Apr 13, 2011
$910,000
Whidbey Island Bk
Hutchison R Scott
Trustees Deed
related
—
Oct 2, 2008
$2,100,000
Heath M Dawson
Fortunato Investments LLC
Warranty Deed
$1,470,000 · City Bank
Dec 9, 2003
$236,250
Fortunato Investments LLC
Kingston West Industrial Park
Grant Deed
—
—
—
Fortunato Investments LLC
—
Deed Of Trust
related
$720,000 · Frontier Bank
—
—
Fortunato Investments LLC
—
Deed Of Trust
related
$100,000 · Frontier Bank
—
—
Fortunato Investments LLC
—
Deed Of Trust
related
$200,815 · Frontier 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26343 Bond NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
