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Property profile & analytics

3421 Kitsap Way Bremerton, WA 98312

  • Strip malls
  • 5,614 SF
  • 0.42 lot acres
Value Estimation
Last Sale
May 28, 2025
$1,590,000
Location Intelligence
Property ID
US90-1315099
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.

Current Use by Public Records

  • Weiss Patricia J DDS / Dentist
  • Community Financial Services / Social Services Organization
  • Imperial tattoo / Tattoo Shop
  • Goodman Chiropractic / Chiropractor
  • Let's Work Together, LLC. / Employment Center / Employment Consultant

Property Details for 3421 Kitsap Way

Year built
1959
Lot size
0.42 lot acres
Property size
5,614 SF
Zone code
CITY
Property type
Strip malls
Property subtype
Neighborhood centers
APN
3787-000-016-0401
APU
37870000160401

Description

This exceptional 1,452 square foot creative office space is ideally located at 3421 Kitsap Way in Bremerton, Washington, within Kitsap County (zip code 98312). The single-tenant property offers a versatile layout perfect for a variety of businesses, including small businesses, consultants, or startups. The space includes a bathroom, two separate office areas, and a warehouse component, providing ample room for diverse operational needs. Conveniently situated with easy access from Kitsap Way, the property boasts ample parking for tenants and clients, ensuring a smooth and efficient workflow. Its strategic location offers easy commuting to downtown Bremerton and surrounding areas via major highways. The building is clean and well-maintained, providing a professional and inviting atmosphere. All utilities are included in the monthly rent of $1,550, making budgeting simple and predictable. This property represents a fantastic opportunity for a business seeking a functional and conveniently located workspace in a thriving community. The property is classified as Retail, Office, and Industrial, and is specifically subtyped as Creative Office.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,540,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,365,000
    6.5%
    $1,455,000
    7%
    $1,445,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,550,000
    Geo Method
    $1,590,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,400,000
    Retail
    $1,370,000
    Mixed-Use
    $1,335,000
    Hospitality
    $1,295,000
    Educational
    $1,560,000
    Residential Income
    $1,320,000
    Energy
    $1,250,000
    Income-Based Land
    $1,700,000
    Food Service
    $1,325,000

Location Insight

  • Map
  • Local Demand
City
Bremerton
County
Kitsap
State
Washington
Longitude
-122.662
Latitude
47.571
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
$8,320
$183,480
$794,490
$977,970
-
$183,480
$794,490
$977,970
More about this property
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