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    Property profile & analytics

    4494 Mile Hill Dr Port Orchard, WA 98366

    • Commercial real estate
    • 4.84 lot acres
    For Sale
    View listing
    $2,600,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0043261
    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

    • Commercial real estate

    Property Details for 4494 Mile Hill Dr

    Lot size
    4.84 lot acres
    Property type
    Commercial real estate
    APN
    31240210142001

    Description

    This exceptional 4.84-acre (210,830 sq ft) commercial land parcel presents a remarkable investment opportunity in Port Orchard, Washington. Located in Kitsap County at 4494 SE Mile Hill Dr, zip code 98366, this property boasts a prime location adjacent to "The District" shopping center, offering excellent visibility and accessibility. The land consists of two level parcels zoned Commercial (R30), providing flexibility for a wide range of commercial developments. Permitted uses include various commercial ventures, multi-family housing, and residential construction. The existing house on the property is considered a tear-down, allowing for complete customization of the site. The APN is 31240210142001. This property is priced at $1,950,000 and offers significant potential for future growth and return on investment. Its strategic location and versatile zoning make it an ideal choice for developers seeking a high-impact project in a thriving community. The latitude and longitude coordinates are 47.532973, -122.592894 respectively. Don't miss this chance to acquire a substantial piece of commercial real estate in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.592894
    Latitude
    47.532973

    Comparable in this City

    • $1,600,000
      187,744 SF

      Prime Commercial Land Opportunity

      Premier real estate in thriving business corridor with high visibility.
      1110 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $1,100,000

      Development Opportunity in Prime Location

      1.92 acres in Port Orchard with income potential.
      2143-2153 Bethel Ave SE, Port Orchard, WA 98366
      View Details
    • $209,000

      Prime Land Parcel with Views

      9,583 SF vacant land parcel with commercial mixed-use zoning.
      130 Mitchell Ave, Port Orchard, WA 98366
      View Details
    • $3,500,000

      18.74 Acres on Bethel Avenue

      18.74 acres of commercial land in Port Orchard, Washington.
      2200 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $59,999

      Land in Scenic Port Orchard

      Rare land opportunity near waterfront, shops, and eateries.
      Caseco Ln, Port Orchard, WA 98366
      View Details
    • $1,100,000
      83,635 SF

      Development Opportunity in Prime Location

      1.92 acres in Port Orchard with income potential.
      2143 SE Port Orchard Blvd, Port Orchard, WA 98366
      View Details

    Similar Nearby for Sale

    • $3,500,000

      18.74 Acres on Bethel Avenue

      18.74 acres of commercial land in Port Orchard, Washington.
      2200 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $59,999

      Land in Scenic Port Orchard

      Rare land opportunity near waterfront, shops, and eateries.
      Caseco Ln, Port Orchard, WA 98366
      View Details
    • $209,000

      Prime Land Parcel with Views

      9,583 SF vacant land parcel with commercial mixed-use zoning.
      130 Mitchell Ave, Port Orchard, WA 98366
      View Details
    • $1,600,000
      187,744 SF

      Prime Commercial Land Opportunity

      Premier real estate in thriving business corridor with high visibility.
      1110 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $1,100,000

      Development Opportunity in Prime Location

      1.92 acres in Port Orchard with income potential.
      2143-2153 Bethel Ave SE, Port Orchard, WA 98366
      View Details
    • $1,100,000
      83,635 SF

      Development Opportunity in Prime Location

      1.92 acres in Port Orchard with income potential.
      2143 SE Port Orchard Blvd, Port Orchard, WA 98366
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      Port Orchard Development Opportunity

      0.49 acre development pad in bustling retail district.
      1640 SE Mile Hill Dr, Port Orchard, WA 98366
      View Details
    • Contact for pricing
      16,553 SF

      Cleared Land Ready for Lease

      Cleared site available for ground lease or build to suit.
      6435 SE Mile Hill Dr, Port Orchard, WA 98366
      View Details
    • $2,800,000

      Commercial Land in Bethel Corridor

      10.3 acres of commercial land for rent.
      4311 Bethel Rd SE, Port Orchard, WA 98366
      View Details
    • $22 SF/Yr
      1,500 SF

      Retail Space in Port Orchard

      Retail space available at Tremont Place, Port Orchard.
      1382 SE Lund Ave, Port Orchard, WA 98366
      View Details
    • $22 SF/Yr
      2,890 SF

      Endcap Retail Space with Drive-Thru

      Endcap retail space with drive-thru, high traffic location.
      2995-3001 Mile Hill Dr, Port Orchard, WA 98366
      View Details
    • Contact for pricing
      8,508 SF

      Class A Medical Office Space in Port Orchard

      Prime Port Orchard medical suites, 821-4,403 sq ft.
      450 Kitsap Blvd, Port Orchard, WA 98366
      View Details
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    4494 Mile Hill Dr
    Port Orchard, WA 98366
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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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