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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
3780 Mile Hl Dr, Port Orchard, WA 98366-2714
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-3364905
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
3,440 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C
APN
4601-000-023-0503
UPID
US90-3364905
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
-
Bjc Group Inc Construction Company General Contractor
-
Sound Installation, Inc, Smart Start Inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$445k
Blend (final)
Blend
$615k
Owner & transaction history
Mile Hill Building LLC · 18 yrs held
Mile Hill Building LLC
since 2007
7 recorded transactions
Zoning & alternative use
C · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$945,000
+10.6%
Neighborhood: shopping center
$880,000
+2.5%
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 Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard 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
by Request
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$855,000
Current use
RETAIL STORES
$945,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$835,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$705,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$179 / 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
$4,594
Tax year 2024
Assessed value
$558,320
Assessed 2024
Previous assessed
$546,170
+2.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$152,120
Assessed improvement
$406,200
Land market value
$152,120
Improvement market value
$406,200
Total market value
$558,320
Applied tax rate
8,040.0000
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
1975
Heating
YES
Stories
1
Total area
3,440 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C
APN
4601-000-023-0503
UPID
US90-3364905
Jurisdiction
KITSAP
Zoning & alternative use
C · Port Orchard, WA
Zoning C · permitted uses
C · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orchard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$855,000
RETAIL STORES
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
MEDICAL BUILDING
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$705,000
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1975
Heating
YES
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Mile Hill Building LLC
Entity
Mailing address
PO BOX 2030, PORT ORCHARD, WA 98366-0720
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2018
—
Mile Hill Building LLC
—
Deed
related
$432,000 · Kitsap Bk
Nov 21, 2007
$712,500
Mile Hill Building LLC
K & E Land Ents LLC
Warranty Deed
$676,875 · K&e Land Ents LLC
Jan 3, 2003
—
K & E Land Entreprises LLC
Ferjancic,kenneth P
Quit Claim Deed
related
—
—
—
Kenneth P Ferjancic
—
Deed Of Trust
related
$198,335 · Kitsap Bank
—
—
Robert Baglio
—
Deed Of Trust
related
$54,539 · Edward Donahue
—
—
Mile Hill Building LLC
—
Deed Of Trust
related
$432,000 · Kitsap Bk
—
—
Edward F Donahue
—
Deed Of Trust
related
$208,755 · Pacific Northwest Bank
—
—
Kenneth P Ferjancic
—
Deed Of Trust
related
$100,000 · North Pacific Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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