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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Medical Office Space
2720 Clare Ave Bremerton, WA 98310-3374
Individually Owned
5-yr Hold
Free & Clear
Property ID
US90-1321898
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
10,636 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CITY
APN
3966-003-001-1304
UPID
US90-1321898
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
-
Peninsula Community Health Services - Wheaton Way Medical Clinic Medical Clinic
-
Eunice Beachy, ARNP Registered General Nurse
-
Nancy Lorber Physician
-
Jain Sirisha M MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.02M
Owner & transaction history
Peninsula Community Health Services · 5 yrs held
Peninsula Community Health Services
since 2021
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, 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 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
$1,050,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $925k (Jul 1 2021)
Last sale anchor
$925k
Jul 1 2021
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
$95 / 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
$11,247
Tax year 2024
Assessed value
$1,352,700
Assessed 2024
Previous assessed
$270,650
+399.8% YoY
Effective rate
0.83%
On assessed value
Assessed land
$324,060
Assessed improvement
$1,028,640
Land market value
$324,060
Improvement market value
$1,028,640
Total market value
$1,352,700
Applied tax rate
60.0000
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
1992
Heating
YES
Stories
2
Total area
10,636 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CITY
APN
3966-003-001-1304
UPID
US90-1321898
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WA
Zoning CITY · permitted uses
CITY · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
YES
Stories
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Peninsula Community Health Services
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 960, BREMERTON, WA 98337-0212
Ownership since
2021
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
Apr 29, 2025
—
Peninsula Community Health Services
—
Deed
related
$449,110 · Washington State Department Of Commerce
Jul 1, 2021
$925,000
Peninsula Community Health Services
Bay Vu Investments LLC
Warranty Deed
—
Feb 28, 2019
—
Bay-vu Investments LLC
—
Deed
related
$490,000 · Us Bk Tr
Dec 12, 2018
$890,000
Bay-vu Investments LLC
Peninsula Medical Bldg Assocs
Warranty Deed
$490,000 · Peninsula Medical Bldg Assocs
Nov 26, 2013
—
Peninsula Medical Building Ass
Peninsula Medical Building Ass
Quit Claim Deed
related
—
Nov 19, 1990
$88,000
Peninsula Med Bldg Assoc
Unknown
Trustees Deed
—
Nov 19, 1990
$235,000
Peninsula Med Bldg Assoc
Unknown
Trustees Deed
—
—
—
Bay-vu Investments LLC
—
Deed Of Trust
related
$490,000 · Us Bk Tr
—
—
Peninsula Community FCU
—
Deed Of Trust
related
$500,000 · Kitsap 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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