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Property profile & analytics
OFF-MARKET
Estimated value
$3,190,000
Grocery and convenience stores
3231 Perry Ave, Bremerton, WA 98310-5364
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0705268
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1957
Total area
2,002 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C
APN
4682-000-003-0608
UPID
US90-0705268
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
-
Chevron Auto Repair Shop
-
ATM Atm
-
Bitcoin ATM Bremerton - Coinhub Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.19M
Owner & transaction history
Btj Properties LLC · 4 yrs held
Btj Properties LLC
since 2021
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
C · Bremerton, 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 Bremerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremerton 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
$3,410,000
ML approach
$3,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.19M
Range $2.87M – $3.51M · ±10% · vs last sale $3.00M (Dec 30 2021)
Last sale anchor
$3.00M
Dec 30 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
$1,593 / 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
$12,567
Tax year 2024
Assessed value
$1,346,410
Assessed 2024
Previous assessed
$1,346,410
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$120,800
Assessed improvement
$1,225,610
Land market value
$120,800
Improvement market value
$1,225,610
Total market value
$1,346,410
Applied tax rate
1,270.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1957
Heating
YES
Stories
1
Total area
2,002 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C
APN
4682-000-003-0608
UPID
US90-0705268
Jurisdiction
KITSAP
Zoning & alternative use
C · Bremerton, WA
Zoning C · permitted uses
C · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
YES
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Btj Properties LLC
Entity
Mailing address
3927 PORTSIDE DR, BREMERTON, WA 98312-7102
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$1,590,000
Btj Properties LLC
Kuk Choi Chong
Warranty Deed
$2,420,000 · Commonwealth Business Bank
Jan 15, 2008
$1,800,000
Chong K Choi
John & Guss Corp
Grant Deed
$1,950,000 · Saehan Bank
Nov 4, 2003
$800,000
John & Guss Corp
Twae Jl INC
Grant Deed
$1,050,000 · Pacific Union Bank
Sep 10, 2001
$755,000
Twae Ji INC
Templeton,julius P & Ann L
Grant Deed
$581,250 · Westsound Bank
Jun 24, 1994
—
Julius P Templeton
White,calvin & Linda
Quit Claim Deed
related
$135,000 · Key Bank Of Washington
Mar 16, 1992
—
Graden B
Unknown
Quit Claim Deed
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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