Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Manufacturing properties
26519 Bond NE Rd Kingston, WA 98346-8476
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0353233
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
5,000 SF
Lot
0.49 ac (21,344 SF)
Zoning code
REC
APN
292702-1-063-2002
UPID
US90-0353233
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
$920k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Mileum Hurd Holdings LLC · 3 yrs held
Mileum Hurd Holdings LLC
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
REC · Kingston, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+137.0%
Restaurant
$780,000
+83.2%
Auto repair, garage
$605,000
+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 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
$945,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,010,000
Change: +137% · Conversion: Difficult
RESTAURANT
$780,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$600,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +37% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$495,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$470,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $725k (Jun 30 2023)
Last sale anchor
$725k
Jun 30 2023
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
$151 / 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
$3,223
Tax year 2024
Assessed value
$377,490
Assessed 2024
Previous assessed
$377,490
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$104,320
Assessed improvement
$273,170
Land market value
$104,320
Improvement market value
$273,170
Total market value
$377,490
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
2
Total area
5,000 SF
Lot
0.49 ac (21,344 SF)
Zoning code
REC
APN
292702-1-063-2002
UPID
US90-0353233
Jurisdiction
KITSAP
Zoning & alternative use
REC · Kingston, WA
Zoning REC · permitted uses
REC · Kingston, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$605,000
OFFICE BUILDING
Est. value
$600,000
RETAIL STORES
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$495,000
MEDICAL BUILDING
Est. value
$470,000
COMMERCIAL (GENERAL)
RESTAURANT
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
2003
Heating
NONE
Stories
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Mileum Hurd Holdings LLC
Entity
Mailing address
5614 NE MINDER RD UNIT D102, POULSBO, WA 98370-5819
Ownership since
2023
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
Jun 30, 2023
$725,000
Mileum Hurd Holdings LLC
Wje Holdings LLC
Warranty Deed
$665,100 · Enterprise Bank & Trust
Dec 14, 2022
—
Wje Holdings LLC
—
Deed
related
$260,000 · Alaska USA FCU
Mar 5, 2018
—
Wje Holdings LLC
—
Deed
related
$187,000 · Kitsap Bk
Aug 31, 2011
$362,500
Wje Holdings LLC
Mckinley Electric INC
Warranty Deed
related
$336,000 · Kitsap Bank
—
—
Mckinley Electric INC
—
Deed Of Trust
related
$170,000 · Viking Bank
—
—
Mckinley Electric INC
—
Deed Of Trust
related
$250,000 · Viking Bank
—
—
Wje Holdings LLC
—
Loan Modification
related
$187,000 · Kitsap Bk
—
—
Mckinley Electric INC
—
Deed Of Trust
related
$85,000 · Viking Bank
—
—
Wje Holdings LLC
—
Deed Of Trust
related
$156,000 · Northwest Busn Dev Assn
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 26519 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.
