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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Office buildings
4740 Ramsey SE Rd Port Orchard, WA 98366-1215
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2769557
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
10,494 SF
Lot
1.76 ac (76,666 SF)
Zoning code
CITY
APN
022301-4-040-2000
UPID
US90-2769557
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
-
Westcoast Fitness Gym & Fitness Center
-
Kasey Olson Gym & Fitness Center
-
Mind control muscle Alternative Medicine Practice Spa & Massage Center
-
Chris Bickley Personal Training Gym & Fitness Center
-
Stephanie S. Forsberg, LMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.87M
Owner & transaction history
Brian C Willyard · 3 yrs held
Brian C Willyard
since 2022
7 recorded transactions
Zoning & alternative use
CITY · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+10.6%
Neighborhood: shopping center
$2.7M
+2.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,660,000
6.5%
$2,455,000
7%
$2,280,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,615,000
Current use
RETAIL STORES
$2,890,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,675,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$2,550,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$2,145,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$178 / 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
$15,138
Tax year 2024
Assessed value
$1,798,150
Assessed 2024
Previous assessed
$1,798,150
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$477,520
Assessed improvement
$1,320,630
Land market value
$477,520
Improvement market value
$1,320,630
Total market value
$1,798,150
Applied tax rate
810.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
10,494 SF
Lot
1.76 ac (76,666 SF)
Zoning code
CITY
APN
022301-4-040-2000
UPID
US90-2769557
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WA
Zoning CITY · permitted uses
CITY · 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
OFFICE BUILDING Current
Est. value
$2.6M
RETAIL STORES
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.1M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2013
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Brian C Willyard
Individual
Mailing address
1501 POTTERY AVE, PORT ORCHARD, WA 98366-3712
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
—
Brian C Willyard
Brian C Willyard
Intrafamily Transfer
related
$1,003,561 · Kitsap Bank
Aug 8, 2018
—
Brian C Willyard
Willyard,shari R
Quit Claim Deed
related
$246,400 · Us Bk
Sep 18, 2017
—
Brian C Willyard
—
Deed
related
$1,450,873 · Us Bk
Jun 27, 2014
—
Willyard,brian C
—
Grant Deed
related
$1,537,300 · Wells Fargo Bk
Oct 11, 2006
—
State Of Wa Dept/transportation
Blair,francis A
Warranty Deed
related
—
Dec 12, 1988
—
Francis A Blair
Unknown
Grant Deed
related
—
—
—
Brian C Willyard
—
Deed Of Trust
related
$207,061 · Kitsap Bank
—
—
Brian C Willyard
—
Deed Of Trust
related
$1,276,143 · Doublehaul Capital LLC
—
—
Brian C Willyard
—
Deed Of Trust
related
$1,450,873 · Us Bk
—
—
Francis A Blair
—
Deed Of Trust
related
$22,100 · Rainier Pacific Community Cu
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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