New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Office buildings
2819 Kitsap Pl, Silverdale, WA 98383-7686
Entity Owned
11-yr Hold
Free & Clear
Property ID
US90-3148754
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
13,844 SF
Lot
0.54 ac (23,522 SF)
Zoning code
RC
APN
162501-3-020-2008
UPID
US90-3148754
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
-
Laken Vargo Counselor Social Worker
-
Silverdale Professional Building Real Estate Agency
-
Cornerstone Home Lending, Inc. Loan Service Bank
-
David Jordan - Thrivent Financial Advisor
-
Debbie Graham, Priority One Realty Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.24M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.36M
Owner & transaction history
Opes Investment Group LLC · 11 yrs held
Opes Investment Group LLC
since 2014
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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,510,000
6.5%
$3,240,000
7%
$3,005,000
Blend value · Realmo final
$2.36M
Range $2.12M – $2.59M · ±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
$170 / 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
$20,972
Tax year 2024
Assessed value
$2,360,540
Assessed 2024
Previous assessed
$2,050,000
+15.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$379,940
Assessed improvement
$1,980,600
Land market value
$379,940
Improvement market value
$1,980,600
Total market value
$2,360,540
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Heating
YES
Stories
2
Total area
13,844 SF
Lot
0.54 ac (23,522 SF)
Zoning code
RC
APN
162501-3-020-2008
UPID
US90-3148754
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
1976
Heating
YES
Stories
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Opes Investment Group LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1363 LAKEHURST DR, BREMERTON, WA 98312-2121
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2014
$1,150,000
Opes Investment Group LLC
Timberland Bk
Grant Deed
—
Nov 18, 2013
$2,152,313
Timberland Bk
Parker James T
Trustees Deed
related
—
Aug 31, 2009
—
J Michael Koch
—
Trustees Deed
related
$1,900,000 · Timberland Bank
Nov 16, 2007
$1,175,000
J Michael Koch
Eip Group INC
Warranty Deed
$940,000 · Timberland Bank
Mar 30, 2006
$930,000
Eip Group INC
Valdok,leo S & Randi B
Warranty Deed
$800,000 · Leo S & Randi B Valdok
—
—
J Michael Koch
—
Deed Of Trust
related
$2,026,800 · Timberland Bank
—
—
Opes Investment Group LLC
—
Deed Of Trust
related
$862,500 · Credit Union Services Group Ll
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 2819 Kitsap Pl?
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.
