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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Office buildings
3501 Lowell St, Silverdale, WA 98383-7851
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0070645
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
5,000 SF
Lot
0.2 ac (8,712 SF)
Zoning code
NC
APN
4458-003-005-0008
UPID
US90-0070645
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
-
Kelly Hadley MSW, ACSW, LICSW Physician Medical Clinic
-
Clear Creek Psychological Family Counselor
-
Thomas W. Sherry, MS Counselor
-
Eleven Vexler, LICSW Foster Care Service Social Service Agency
-
TRILLIUM Employment Services Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Kovar Properties LLC · 17 yrs held
Kovar Properties LLC
since 2009
7 recorded transactions
Zoning & alternative use
NC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$161 / 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
$6,390
Tax year 2024
Assessed value
$719,260
Assessed 2024
Previous assessed
$719,260
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$192,980
Assessed improvement
$526,280
Land market value
$192,980
Improvement market value
$526,280
Total market value
$719,260
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
YES
Stories
2
Bathrooms
1
Total area
5,000 SF
Lot
0.2 ac (8,712 SF)
Zoning code
NC
APN
4458-003-005-0008
UPID
US90-0070645
Jurisdiction
KITSAP
Zoning & alternative use
NC · Silverdale, WA
Zoning NC · permitted uses
NC · 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
2
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Kovar Properties LLC
Entity
Mailing address
2502 REID AVE, BREMERTON, WA 98310-2621
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2016
—
Kovar Properties LLC
—
Deed
related
$499,999 · Us Bk
Jan 9, 2009
—
Kovar Properties LLC
Kovar,stan V & Catherine E
Quit Claim Deed
related
—
Sep 29, 2006
$873,000
Stan V Kovar
Olympic Growth LLC
Warranty Deed
$704,612 · Kitsap Bank
Aug 2, 1996
$185,000
Bruce A Buskirk
Crawford,william M & Marilyn M
Grant Deed
—
Apr 25, 1991
$8,500
Crawford Mcgilliard Peterson
Unknown
Quit Claim Deed
related
—
—
—
Kovar Properties LLC
—
Deed Of Trust
related
$581,250 · Kitsap FCU
—
—
Olympic Growth LLC
—
Deed Of Trust
related
$487,500 · Kitsap Bank
—
—
Kovar Properties LLC
—
Deed Of Trust
related
$499,999 · Us Bk
—
—
Olympic Growth Partnership
—
Deed Of Trust
related
$160,000 · Kitsap Bank
—
—
Olympic Growth LLC
—
Deed Of Trust
related
$75,000 · Kitsap Bank
—
—
Olympic Growth LLC
—
Deed Of Trust
related
$487,500 · Kitsap Bank
—
—
William M Crawford
—
Deed Of Trust
related
$75,600 · Washington Mutual Fsb
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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