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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Assisted living facilities
3231 Pne Rd Bremerton, WA 98310-2127
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1343873
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1999
Total area
13,044 SF
Lot
2.4 ac (104,544 SF)
Zoning code
CITY
APN
022401-3-128-2006
UPID
US90-1343873
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
-
Ashley Gardens of Bremerton Memory Care Nursing Home Retirement Community
-
Cascades of Bremerton Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$870k
Owner & transaction history
Kre Tiger Ag Bremerton LLC · 8 yrs held
Kre Tiger Ag Bremerton LLC
since 2018
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+23.1%
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
by Request
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,040,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,280,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$67 / 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
$23,514
Tax year 2024
Assessed value
$2,828,000
Assessed 2024
Previous assessed
$2,488,500
+13.6% YoY
Effective rate
0.83%
On assessed value
Assessed land
$233,040
Assessed improvement
$2,594,960
Land market value
$233,040
Improvement market value
$2,594,960
Total market value
$2,828,000
Applied tax rate
60.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1999
Heating
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
13,044 SF
Lot
2.4 ac (104,544 SF)
Zoning code
CITY
APN
022401-3-128-2006
UPID
US90-1343873
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WAZoning CITY · permitted uses
CITY · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Buildings
2
Bathrooms
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Kre Tiger Ag Bremerton LLC
Entity
Mailing address
19119 N CRK PKWY, BOTHELL, WA 98011-8036
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
—
Kre Tiger Ag Bremerton LLC
—
Grant Deed
related
$380,000,000 · Wells Fargo Bk
Jan 29, 2018
$171,165
Kre Tiger Ag Bremerton LLC
Welltower INC
Trustees Deed
related
$307,906,000 · Wells Fargo Bk
Mar 4, 2013
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$18,650,000 · Hcri Trs Acquirer LLC
Oct 19, 2011
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$25,550,000 · Hcri Trs Acquirer LLC
Aug 30, 2011
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$15,700,000 · Hcri Trs Acquirer LLC
Dec 16, 2010
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$13,600,000 · Hcri Trs Acquirer LLC
Dec 13, 2006
—
Health Care Reit INC
Ashley Gardens Of Pine Road LLC
Warranty Deed
related
—
Aug 3, 2005
$655,677
Ahsley Gardens Of Pine Road LLC
Guy Andrew A
Trustees Deed
—
Mar 25, 1998
$230,000
Ashley Gardens-bremerton LLC
Werner Ida Corp
Grant Deed
$1,830,000 · Washington First Int'l Bank
May 28, 1997
$180,000
Werner Ida Corp
M & P Investments
Grant Deed
$130,000 · Seller
—
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$17,650,000 · Hcri Trs Acquirer LLC
—
—
Stanley & Shotren LLC
—
Deed Of Trust
related
$450,000 · Health Care R E Inv Trust INC
—
—
Ashley Gardens Of Pine Road LLC
—
Deed Of Trust
related
$1,720,000 · Kitsap Community FCU
—
—
Stanley & Shorten LLC
—
Loan Modification
related
$22,400,000 · Private Individual
—
—
Ashley Gardens-bremerton LLC
—
Deed Of Trust
related
$544,933 · William E & Bonnie J Schourup
—
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$850,000 · Health Care R E Inv Trust INC
—
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$850,000 · Health Care R E Inv Trust INC
—
—
Stanley & Shorten LLC
—
Deed Of Trust
related
$2,000,000 · Hcri Trs Acquirer LLC
—
—
Stanley & Shorten LLC
—
Loan Modification
related
$20,400,000 · Hcri Trs Acquirer LLC
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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