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    Property profile & analytics

    423 Pacific Ave Bremerton, WA 98337-1940

    • Medical offices
    • 30,900 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Location Intelligence
    Property ID
    US90-2690737
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • General Dynamics Nassco / Manufacturer
    • Schroeter Goldmark & Bender / Legal Services
    • Metro Solutions USA / Corporate Office
    • Kahn Industries / Transportation Service
    • 706 Hanami / Housing Association

    Property Details for 423 Pacific Ave

    Year built
    1920
    Lot size
    0.50 lot acres
    Property size
    30,900 SF
    Zone code
    CITY
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    3718-015-026-0104
    APU
    37180150260104

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $710,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $785,000
      Geo Method
      $770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $615,000
      Retail
      $655,000
      Mixed-Use
      $610,000
      Hospitality
      $630,000
      Educational
      $640,000
      Residential Income
      $815,000
      Energy
      $790,000
      Income-Based Land
      $635,000
      Food Service
      $775,000

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.628
    Latitude
    47.5663
    CBSA code
    14740
    CBSA name
    BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,140
    $326,990
    $2,040,220
    $2,367,210
    -
    $326,990
    $2,040,220
    $2,367,210

    Comparable in this City

    • Value Estimation by Request
      18,285 SF

      616 6th St

      MEDICAL BUILDING • 18,285 SF
      616 6th St, Bremerton, WA 98337-1420
      View Details
    • Value Estimation by Request
      4,914 SF

      506 9th St

      OFFICE BUILDING • 4,914 SF
      506 9th St, Bremerton, WA 98337
      View Details
    • Value Estimation
      $475,000
      8,032 SF

      522 4th St

      OFFICE BUILDING • 8,032 SF
      522 4th St, Bremerton, WA 98337-1410
      View Details
    • Value Estimation
      $295,000
      1,455 SF

      603 Chester Ave

      OFFICE BUILDING • 1,455 SF
      603 Chester Ave, Bremerton, WA 98337-1266
      View Details
    • Value Estimation
      $360,000
      7,480 SF

      900 Pacific Ave

      OFFICE BUILDING • 7,480 SF
      900 Pacific Ave, Bremerton, WA 98337-1962
      View Details
    • Value Estimation by Request
      3,831 SF

      1512 Thompson Dr

      OFFICE BUILDING • 3,831 SF
      1512 Thompson Dr, Bremerton, WA 98337
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Downtown office space near PSNS and Seattle ferry.
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    • $11 SF/Yr
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      Downtown Bremerton Customizable Basement Space

      11,380 SF basement space in downtown Bremerton available for lease.
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    • Contact for pricing
      16,902 SF

      Downtown Bremerton Office Space Available

      Office space in Opportunity Zone, ready for immediate occupancy.
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    • $10 SF/Yr
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      Bremerton Office Space For Rent

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      View Details
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    423 Pacific Ave
    Bremerton, WA 98337-1940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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