Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Retail residential properties
38955 Hansville NE Rd Hansville, WA 98340-8821
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1196543
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1962
Total area
3,640 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RCO
APN
4274-000-025-0101
UPID
US90-1196543
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
-
Greenwoodes Farm Organic Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$1.02M
Owner & transaction history
Hansville 38955 LLC · 3 yrs held
Hansville 38955 LLC
since 2023
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
RCO · Hansville, 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 Hansville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hansville 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
$1,300,000
ML approach
$1,340,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.00M (Apr 20 2023)
Last sale anchor
$1.00M
Apr 20 2023
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
$279 / 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
$3,903
Tax year 2024
Assessed value
$465,570
Assessed 2024
Previous assessed
$465,560
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$56,740
Assessed improvement
$408,830
Land market value
$56,740
Improvement market value
$408,830
Total market value
$465,570
Applied tax rate
4,160.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1962
Heating
YES
Buildings
2
Stories
2
Total area
3,640 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RCO
APN
4274-000-025-0101
UPID
US90-1196543
Jurisdiction
KITSAP
Zoning & alternative use
RCO · Hansville, WA
Zoning RCO · permitted uses
RCO · Hansville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hansville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
YES
Stories
2
Buildings
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Hansville 38955 LLC
Entity
Mailing address
34799 HANSVILLE RD NE, KINGSTON, WA 98346-8683
Ownership since
2023
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
Apr 20, 2023
$1,000,000
Hansville 38955 LLC
Meifu Wang
Warranty Deed
$850,000 · Meifu Wang
Dec 7, 2018
—
Meifu Wang
Wang,meifu
Quit Claim Deed
related
—
Apr 29, 2016
$393,000
Meifu Wang
Sandul LLC
Warranty Deed
—
Mar 12, 2007
—
Sandul LLC
Ulskey,darryl R & Joy A
Quit Claim Deed
related
—
Jan 30, 2007
$325,000
Darryl R Ulskey
Forbes,daniel & Sandra
Warranty Deed
$125,000 · Daniel & Sandra Forbes
Mar 10, 1992
$158,757
Forbes G
Unknown
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38955 Hansville NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
