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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
4181 Wheaton Way Bremerton, WA 98310-3640
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-3114666
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
3,240 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CITY
APN
022401-1-036-2001
UPID
US90-3114666
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
-
Ferguson-Brown Law Group Law Firm
-
Allstate Financial Services: Paul Stevick Insurance Agency
-
Beyond The Warp Pipe (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$540k
Owner & transaction history
Bremerton Eastside Plaza LLC · 11 yrs held
Bremerton Eastside Plaza LLC
since 2015
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$825,000
+35.5%
Medical building
$785,000
+28.9%
Retail stores
$615,000
+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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +29% · Conversion: Easy
RETAIL STORES
$615,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$580,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$167 / 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
$3,071
Tax year 2024
Assessed value
$369,290
Assessed 2024
Previous assessed
$369,290
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$126,840
Assessed improvement
$242,450
Land market value
$126,840
Improvement market value
$242,450
Total market value
$369,290
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
1974
Heating
YES
Stories
2
Total area
3,240 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CITY
APN
022401-1-036-2001
UPID
US90-3114666
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
$610,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
MEDICAL BUILDING
Est. value
$785,000
RETAIL STORES
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$580,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1974
Heating
YES
Stories
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Bremerton Eastside Plaza LLC
Entity
Mailing address
4171 WHEATON WAY STE #2, BREMERTON, WA 98310-3603
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2015
$325,000
Bremerton Eastside Plaza LLC
Robison,russell W
Warranty Deed
$200,000 · Kitsap Bk
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
$650,000 · Whidbey Island Bank
—
—
Russell W Robinson
—
Deed Of Trust
related
$460,000 · Royal Valley LLC
—
—
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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