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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Office buildings
4110 Kitsap Way Bremerton, WA 98312-2401
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3082297
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
8,204 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CITY
APN
3777-008-006-0002
UPID
US90-3082297
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
-
The Computer Manager, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Sanchez, Mitchell, Eastman & Cure, PSC Law Firm
-
Kevin W. Cure Law Firm
-
Schock Eileen M Law Firm
-
Carrie Eastman Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$1.00M
Owner & transaction history
Spinnaker Holdings LLC · 2 yrs held
Spinnaker Holdings LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+0.7%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,545,000
Current use
RETAIL STORES
$1,555,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,470,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (May 8 2024)
Last sale anchor
$1.00M
May 8 2024
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
$122 / 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
$6,557
Tax year 2024
Assessed value
$770,730
Assessed 2024
Previous assessed
$770,730
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$140,590
Assessed improvement
$630,140
Land market value
$140,590
Improvement market value
$630,140
Total market value
$770,730
Applied tax rate
10.0000
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
1976
Heating
YES
Stories
3
Total area
8,204 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CITY
APN
3777-008-006-0002
UPID
US90-3082297
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
OFFICE BUILDING Current
Est. value
$1.5M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1976
Heating
YES
Stories
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Spinnaker Holdings LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Spinnaker Holdings LLC
Greywood Properties 2 LLC
Quit Claim Deed
related
—
Sep 30, 2022
$1,000,000
Greywood Properties 2 LLC
Sixth Street LLP
Warranty Deed
$700,000 · Sixth Street LLP
Jun 8, 2005
—
Sixth Street LLP
Sixth Street Ptshp
Quit Claim Deed
related
—
May 1, 1997
$515,000
Sixth St Partnership
Randall,robert & Nikki
Trustees Deed
—
May 1, 1997
—
Sixth St Partnership
Armstrong,david H & Stephanie L
Trustees Deed
related
—
Aug 2, 1996
$20,433
David H Armstrong
Buskirk,bruce A & Paulette A
Grant Deed
—
Jun 30, 1989
$32,500
D Armstrong
Unknown
Quit Claim Deed
related
—
—
—
Sixth Street LLP
—
Deed Of Trust
related
$330,000 · Kitsap Bank
—
—
Sixth Street LLP
—
Deed Of Trust
related
$363,370 · John L & Jenny E Paulson
—
—
Sixth Street LLP
—
Deed Of Trust
related
$410,000 · Westsound 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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