New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,215,000
Warehouses
4600 Mile Hl Dr, Port Orchard, WA 98366-3910
Entity Owned
~
Est. High Equity
Property ID
US90-0648747
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Total area
5,400 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
312402-1-071-2001
UPID
US90-0648747
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
-
Mile Hill Heated Storage, LLC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.22M
Owner & transaction history
Pjgft Mile Hill LLC
Pjgft Mile Hill LLC
since 2026
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
C · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+196.1%
Commercial (general)
$2.4M
+119.7%
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 Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard 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
$3,610,000
ML approach
$3,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,270,000
Change: +196% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,425,000
Change: +120% · Conversion: Difficult
Blend value · Realmo final
$3.22M
Range $2.89M – $3.54M · ±10% · vs last sale $2.85M (Apr 22 2022)
Last sale anchor
$2.85M
Apr 22 2022
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
$595 / 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
$4,543
Tax year 2024
Assessed value
$552,120
Assessed 2024
Previous assessed
$538,390
+2.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$76,810
Assessed improvement
$475,310
Land market value
$76,810
Improvement market value
$475,310
Total market value
$552,120
Applied tax rate
8,040.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
5,400 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
312402-1-071-2001
UPID
US90-0648747
Jurisdiction
KITSAP
Zoning & alternative use
C · Port Orchard, WA
Zoning C · permitted uses
C · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orchard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RESTAURANT
COMMERCIAL (GENERAL)
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
2002
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Pjgft Mile Hill LLC
Entity
Mailing address
3002 E BAY DR NW, GIG HARBOR, WA 98335-7648
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
$2,650,000
Pjgft Mile Hill LLC
Galloping H Stables And Farm LLC
Warranty Deed
—
Apr 22, 2022
$2,850,000
Galloping H Stables And Farm LLC
Mile Hill Professional Heated Mini
Warranty Deed
$2,050,000 · Commencement Bank
Apr 1, 2010
—
Hal Mini Stora Mile
Janaszak,joseph E
Quit Claim Deed
related
—
—
—
Joseph E Janaszak
—
Deed Of Trust
related
$228,379 · Kitsap Bank
—
—
Jej Properties LLC
—
Deed Of Trust
related
$560,000 · Kitsap Bank
—
—
Joseph E Janaszak
—
Deed Of Trust
related
$170,000 · Kitsap Bank
—
—
Joseph E Janaszak
—
Deed Of Trust
related
$265,122 · Kitsap Bank
—
—
Joseph E Janaszak
—
Deed Of Trust
related
$250,000 · Kitsap 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4600 Mile Hl Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
