4494 Mile Hill Dr Port Orchard, WA 98366
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.