2995 Mile Hill Dr Port Orchard, WA 98366
Property profile & analytics
2995 Mile Hill Dr Port Orchard, WA 98366
- Retail properties & Spaces
- 0.77 lot acres
Property ID
US90-0639666
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wiley’s Collision Repair / Auto Repair Shop
Property Details for 2995 Mile Hill Dr
- Lot size
- 0.77 lot acres
- Zone code
- CITY
- Property type
- Retail properties & Spaces
- APN
- 252401-4-061-2006
- APU
- 25240140612006
Description
This exceptional 13,384 square foot shopping center, built in 2006, presents a compelling value-add investment opportunity in the rapidly growing Port Orchard, Washington market. Located at 2995 - 3001 SE Mile Hill Dr, 98366, this property sits on a 1.93-acre lot and boasts 95 parking spaces. Currently operating at 67.9% occupancy, the center offers significant upside potential. Two vacant endcap suites, totaling approximately 2,890 square feet, are available for lease. The larger suite includes a valuable drive-thru. The property benefits from a shadow anchor, a high-performing Albertsons, providing excellent visibility along the main thoroughfare of Mile Hill Drive. Port Orchard's population has experienced remarkable growth, increasing by 57% from 2010 to 2024, making it one of Kitsap County's fastest-growing communities. This growth is fueled by affordable housing options and the expansion of the nearby Bremerton naval station. The property is zoned for Commercial Corridor use. The asking price is $1,900,000, translating to $141.96 per square foot. This retail center offers investors a chance to capitalize on a strong market with immediate rental upside and the potential to increase occupancy to historical levels.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Port Orchard
- County
- Kitsap
- State
- Washington
- Longitude
- -122.613
- Latitude
- 47.5346
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$226,980
$0.00
$226,980
-
$226,980
$0.00
$226,980
