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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Office buildings
4171 Wheaton Way Bremerton, WA 98310-3603
Entity Owned
11-yr Hold
Free & Clear
Property ID
US90-3112818
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
5,472 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CITY
APN
022401-1-051-2001
UPID
US90-3112818
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
-
AA Coin and Bullion (Bike/Boat/Book/etc) Store
-
Comprehensive Medical Billing Services Medical Billing Service
-
Kitsap Wash and Fold (Bike/Boat/Book/etc) Store
-
Hair Design Hair Salon
-
Eastside Tax & Accounting Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$835k
Owner & transaction history
Bremerton Eastside Plaza LLC · 11 yrs held
Bremerton Eastside Plaza LLC
since 2014
6 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+28.9%
Retail stores
$1.0M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Current use
MEDICAL BUILDING
$1,330,000
Change: +29% · Conversion: Easy
RETAIL STORES
$1,040,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$980,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$153 / 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
$4,957
Tax year 2024
Assessed value
$596,150
Assessed 2024
Previous assessed
$596,150
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$139,230
Assessed improvement
$456,920
Land market value
$139,230
Improvement market value
$456,920
Total market value
$596,150
Applied tax rate
60.0000
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
1977
Heating
YES
Stories
2
Total area
5,472 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CITY
APN
022401-1-051-2001
UPID
US90-3112818
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WA
Zoning CITY · permitted uses
CITY · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$980,000
OFFICE BUILDING Current
MEDICAL BUILDING
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
1977
Heating
YES
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bremerton Eastside Plaza LLC
Entity
Free & Clear · 11 yrs held
Mailing address
4171 WHEATON WAY STE #2, BREMERTON, WA 98310-3603
Ownership since
2014
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
Nov 25, 2014
—
Bremerton Eastside Plaza LLC
Bailey,priscilla
Quit Claim Deed
related
—
Apr 30, 2012
$375,000
Priscilla Bailey
Robison,russell
Warranty Deed
—
Feb 22, 2011
—
Russell Robison
Robison,russell
Quit Claim Deed
related
—
Oct 31, 2003
$519,382
Russell W Robison
Royal Valley LLC
Grant Deed
$513,000 · Royal Valley LLC
Dec 21, 1998
—
Royal Valley LLC
Ross,ronald R & Lillian N
Grant Deed
related
—
—
—
Russell W Robison
—
Deed Of Trust
related
$70,000 · 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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