3070 NW Bucklin Hill Rd Silverdale, WA 98383
- Turn key restaurants
- 3,908 SF
- 0.92 lot acres
Current Use by Public Records
- Shari's Cafe and Pies / Pie Shop / Family Restaurant
Property Details for 3070 NW Bucklin Hill Rd
- Year built
- 1992
- Lot size
- 0.92 lot acres
- Property size
- 3,908 SF
- Zone code
- RC
- Property type
- Turn key restaurants
- APN
- 162501-3-098-2005
- APU
- 16250130982005
Description
This vacant, 3,908 square foot building presents a compelling owner-user or redevelopment opportunity. Situated on a sizable 40,075 square foot lot, this property is ideally positioned as an outparcel to Silverdale Plaza, benefiting from high visibility and traffic counts exceeding 20,000 vehicles daily on NW Bucklin Hill Rd. Built in 1992, the single-story structure is zoned RC and offers significant potential for a variety of uses, including quick-service restaurants, fast food establishments, or cafes. The property's location within a thriving community boasts a strong demographic profile, with average household incomes within a 5-mile radius exceeding $134,000. This presents a unique chance to capitalize on a high-traffic area with a substantial consumer base. The asking price is $1,500,000. Offers are due November 13, 2024. The property's address is 3070 NW Bucklin Hill Rd, Silverdale, WA 98383, and its APN is 16250130982005.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,700,000
- 6.5%
- $1,760,000
- 7%
- $1,870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,805,000
- Geo Method
- $2,015,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,795,000
- Retail
- $2,230,000
- Mixed-Use
- $2,070,000
- Hospitality
- $1,635,000
- Educational
- $1,705,000
- Residential Income
- $1,935,000
- Energy
- $2,155,000
- Income-Based Land
- $2,205,000
- Food Service
- $2,025,000
Location Insight
- Map
- Local Demand
- City
- Silverdale
- County
- Kitsap
- State
- Washington
- Longitude
- -122.69
- Latitude
- 47.6509
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA
