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Property profile & analytics
OFF-MARKET
Estimated value
$8,250,000
Turn key restaurants
3132 Randall Way Silverdale, WA 98383
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1675598
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Total area
5,742 SF
Lot
1.52 ac (66,211 SF)
Zoning code
RC
APN
162501-2-091-2004
UPID
US90-1675598
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.25M
Owner & transaction history
North Point At Kitsap LLC · 5 yrs held
North Point At Kitsap LLC
since 2021
Last sale
$7.8M
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
$8,805,000
ML approach
$8,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.25M
Range $7.43M – $9.08M · ±10% · vs last sale $7.75M (Feb 3 2021)
Last sale anchor
$7.75M
Feb 3 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
$1,437 / 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
$16,048
Tax year 2024
Assessed value
$1,806,300
Assessed 2024
Previous assessed
$1,625,670
+11.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,036,850
Assessed improvement
$769,450
Land market value
$1,036,850
Improvement market value
$769,450
Total market value
$1,806,300
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
1998
Heating
YES
Stories
1
Total area
5,742 SF
Lot
1.52 ac (66,211 SF)
Zoning code
RC
APN
162501-2-091-2004
UPID
US90-1675598
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
1998
Heating
YES
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
North Point At Kitsap LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1717 WOODSTEAD CT STE #298, THE WOODLANDS, TX 77380-1448
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
—
Silverdale Way LLC
—
Deed
related
$11,600,000 · Genworth Life Insurance Company
Feb 3, 2021
$7,750,000
North Point At Kitsap LLC
Norteipoint Owner LP
Special Warranty Deed
—
Jul 15, 2014
—
Apple Washington LLC
—
Loan Modification
related
$622,000,000 · Bank Of America
Jun 12, 2013
$6,500,000
Northpoint Owner LP
Ppr North Point LLC
Grant Deed
related
—
Feb 5, 2013
—
Apple Washington LLC
—
Deed Of Trust
related
$488,386,996 · Bank Of America
May 10, 2011
—
Apple Washington LLC
—
Deed Of Trust
related
$320,000,000 · Bank Of America
Jun 30, 2005
—
Apple Washington LLC
—
Deed Of Trust
related
$143,120,000 · Bank Of America
Feb 24, 1999
$7,000,000
Ppr North Point LLC
Winmar Of Kitsap INC
Grant Deed
—
—
—
Ppr North Point LLC
—
Deed Of Trust
related
—
—
—
Apple Washington LLC
—
Deed Of Trust
related
$395,000,000 · Bank Of America
—
—
Ppr North Point LLC
—
Deed Of Trust
related
—
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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