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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
2799 Myhre Rd Silverdale, WA 98383-8770
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0968834
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Total area
8,172 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RC
APN
162501-2-086-2001
UPID
US90-0968834
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
-
Silver City Restaurant & Ale House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$645k
Owner & transaction history
Houmes Property Management LLC · 10 yrs held
Houmes Property Management LLC
since 2015
7 recorded transactions
Zoning & alternative use
RC · Silverdale, 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 Silverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverdale 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$79 / 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
$20,992
Tax year 2024
Assessed value
$2,362,771
Assessed 2024
Previous assessed
$2,077,511
+13.7% YoY
Effective rate
0.89%
On assessed value
Assessed land
$366,120
Assessed improvement
$1,996,651
Land market value
$366,120
Improvement market value
$1,996,651
Total market value
$2,362,771
Applied tax rate
6,410.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Heating
YES
Stories
1
Total area
8,172 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RC
APN
162501-2-086-2001
UPID
US90-0968834
Jurisdiction
KITSAP
Zoning & alternative use
RC · Silverdale, WA
Zoning RC · permitted uses
RC · Silverdale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
YES
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Houmes Property Management LLC
Entity
Mailing address
PO BOX 3606, SILVERDALE, WA 98383-3606
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2017
—
Houmes Property Management LLC
—
Deed
related
$425,268 · Kitsap Bk
Dec 29, 2015
—
Houmes Property Management LLC
Silver City Brewing Co INC
Quit Claim Deed
related
—
Jan 7, 2015
—
Houmes Properties LLC
Silver City Brewing Co INC
Quit Claim Deed
related
—
Sep 10, 1992
—
Top Notch Burgers INC
Unknown
Quit Claim Deed
related
—
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$2,000,000 · Scott W Houmes
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$1,345,000 · Roger Houmes
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$689,432 · Kitsap Bank
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$800,000 · Us Bank NA
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$50,000 · Viking Community Bank
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$855,117 · Viking Community Bank
—
—
Houmes Property Management LLC
—
Deed Of Trust
related
$425,268 · Kitsap Bk
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$25,000 · Viking Bank
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$1,000,000 · Roger W Houmes
—
—
Silver City Brewing Co
—
Deed Of Trust
related
$1,000,000 · Kitsap Bank
—
—
Silver City Brewing Co INC
—
Deed Of Trust
related
$200,000 · Us Bank NA
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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