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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Retail residential properties
4620 Lynwood Ctr NE Rd Bainbridge Island, WA 98110-2275
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0683589
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2009
Total area
6,912 SF
Lot
1.69 ac (73,616 SF)
Zoning code
CITY
APN
042402-1-091-2000
UPID
US90-0683589
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.12M
Owner & transaction history
Pbpbs LLC · 14 yrs held
Pbpbs LLC
since 2011
3 recorded transactions
Zoning & alternative use
CITY · Bainbridge Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bainbridge Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bainbridge Island 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
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$162 / 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
$77,693
Tax year 2024
Assessed value
$10,325,135
Assessed 2024
Previous assessed
$9,861,845
+4.7% YoY
Effective rate
0.75%
On assessed value
Assessed land
$2,106,530
Assessed improvement
$8,218,605
Land market value
$2,106,530
Improvement market value
$8,218,605
Total market value
$10,325,135
Applied tax rate
215.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2009
Heating
NONE
Buildings
13
Stories
3
Bathrooms
15
Total area
6,912 SF
Lot
1.69 ac (73,616 SF)
Zoning code
CITY
APN
042402-1-091-2000
UPID
US90-0683589
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bainbridge Island, WA
Zoning CITY · permitted uses
CITY · Bainbridge Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bainbridge Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
3
Buildings
13
Bathrooms
15
Lot
1.69 ac
Current owner
From public records · entity-resolved
Pbpbs LLC
Entity
Free & Clear · 14 yrs held
Mailing address
5424 SAND PT WAY NE, SEATTLE, WA 98105-2941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2011
$4,500,000
Pbpbs LLC
Whidbey Island Bk
Warranty Deed
—
Apr 27, 2011
$5,000,000
Whidbey Island Bk
Watkins Joel
Trustees Deed
related
—
—
—
Pbpbs LLC
—
Deed Of Trust
related
$6,000,000 · Wells Fargo 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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