Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4701 Kean Blvd Bremerton, WA 98312-4398
    Back to Search
    Property profile & analytics

    4701 Kean Blvd, Bremerton, WA 98312-4398

    View on Map
    • Commercial real estate
    • 1,344 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Nov 13, 2020
    $214,800
    Property ID
    US90-3355607
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Clauson Homes Inc / Construction Company / General Contractor
    • Economy Air Temp Inc. / HVAC Service / General Contractor

    Property Details for 4701 Kean Blvd

    Year built
    1942
    Lot size
    0.16 lot acres
    Zone code
    CITY
    Property type
    Commercial real estate
    APN
    212401-1-019-2009
    APU
    21240110192009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 13, 2020 $214,800 Benjamin R Nelson Four Seas Properties LLC Warranty Deed —
    Sep 29, 2006 $205,000 Four Seas Properties LLC Junker,steve & Barbara Warranty Deed $209k · Kitsap Community FCU
    Nov 1, 2005 $197,000 Steve Junker Clean N Rooter Warranty Deed $205k · Westsound Bank
    Aug 2, 2002 $140,000 Clean N Rooter Stroble,ray R & Sandra P Grant Deed $105k · Kitsap Bank
    Sep 22, 1990 $50,000 Ray R Stroble Unknown Grant Deed —
    — — Four Seas Properties LLC — Deed Of Trust · related $612k · Kitsap FCU

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.675
    Latitude
    47.5598
    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
    $2,083
    $106,950
    $137,830
    $244,780
    -
    $106,950
    $137,830
    $244,780

    Comparable in this City

    • Value Estimation
      $860,000
      2,400 SF

      3100 1st St

      COMMERCIAL (GENERAL)
      3100 1st St, Bremerton, WA 98312
      View Details
    • Value Estimation
      $1,375,000
      3,265 SF

      3000 Austin Dr

      COMMERCIAL (GENERAL)
      3000 Austin Dr, Bremerton, WA 98312-1813
      View Details
    • Value Estimation
      $975,000
      5,187 SF

      6800 Belfair Vly Rd

      COMMERCIAL (GENERAL)
      6800 Belfair Vly Rd, Bremerton, WA 98312-5009
      View Details
    • Value Estimation by Request
      1,200 SF

      3908 Kitty Hawk NW Dr

      COMMERCIAL (GENERAL)
      3908 Kitty Hawk NW Dr, Bremerton, WA 98312
      View Details
    • Value Estimation by Request
      996 SF

      4124 Loxie Eagans Blvd

      COMMERCIAL (GENERAL)
      4124 Loxie Eagans Blvd, Bremerton, WA 98312-3647
      View Details
    • Value Estimation by Request
      200 SF

      4900 Seabeck NW Hwy

      COMMERCIAL (GENERAL)
      4900 Seabeck NW Hwy, Bremerton, WA 98312-8886
      View Details

    Similar Nearby for Sale

    • $350,000

      Charleston District Commercial Space

      Prime Bremerton location, high growth potential.
      336 Callow Ave, Bremerton, WA 98312
      View Details
    • Contact for pricing

      Waterfront Lot on Phinney Bay

      Waterfront building lot near downtown Bremerton with utilities available.
      Nw Shaw Island Way, Bremerton, WA 98312
      View Details
    • Contact for pricing

      Industrial/Flex/Retail Space Available

      5,592 SF industrial/flex/retail space with fenced yard.
      4001 State Highway 3 West, Bremerton, WA 98312
      View Details
    • Contact for pricing

      McCormick Industrial Estate Land

      Industrial land available for sale in McCormick Industrial Estate.
      2 Bree Dr, Bremerton, WA 98312
      View Details
    • $40,000

      Secluded Acre with Olympic Views

      Private acre near Silverdale and Seabeck with mountain views.
      5803 Marks Rd NW, Bremerton, WA 98312
      View Details
    • Contact for pricing

      Waterfront Commercial Property with Apartment

      High-visibility commercial property with restaurant and apartment, waterfront views.
      4908 Kitsap Way, Bremerton, WA 98312
      View Details

    Similar Nearby for Lease

    • $6,240 /Mo
      3,000 SF

      Office and Heated Warehouse Space

      Versatile industrial/flex space with office, heated warehouse, and parking.
      128 Oyster Bay Ave S, Bremerton, WA 98312
      View Details
    • $2,800 /Mo
      2,100 SF

      Retail Space with High Exposure

      Retail space for rent with high visibility and traffic.
      301 Callow Ave, Bremerton, WA 98312
      View Details
    • $2,490 /Mo
      3,000 SF

      Commercial Warehouse Space For Rent

      Commercial warehouse space for rent, perfect for storage.
      1509 Wycoff Ave, Bremerton, WA 98312
      View Details
    • $2,000 /Mo
      2,400 SF

      Retail Space Near Kitsap Way

      Retail space with ample parking and signage near SR-3.
      3421 Kitsap Way, Bremerton, WA 98312
      View Details
    • $16,245 /Mo
      10,830 SF

      Renovated Office with Expansive Parking

      Renovated office space featuring an expansive parking lot.
      410 Ida St W, Bremerton, WA 98312
      View Details
    • $5,386 /Mo
      11,752 SF

      Callow Avenue Warehouse/Showroom/Retail Space

      Warehouse, showroom, or retail space available on busy Callow Ave.
      645 Callow Ave, Bremerton, WA 98312
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4701 Kean Blvd
    Bremerton, WA 98312-4398
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4701 Kean Blvd, Bremerton, WA, 98312
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!