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Property profile & analytics
OFF-MARKET
Estimated value
$7,890,000
Retail space
4779 Lynwood Ctr NE Rd Bainbridge Island, WA 98110-3209
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0842737
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
15,118 SF
Lot
0.97 ac (42,253 SF)
Zoning code
CITY
APN
042402-1-078-2007
UPID
US90-0842737
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.89M
Owner & transaction history
Lynwood Tpvii Property LLC · 5 yrs held
Lynwood Tpvii Property LLC
since 2020
Last sale
$8.7M
5 recorded transactions
Zoning & alternative use
CITY · Bainbridge Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.9M
+30.9%
Commercial (general)
$7.7M
+26.2%
Auto repair, garage
$6.2M
+2.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,060,000
Current use
RESTAURANT
$7,935,000
Change: +31% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,650,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,220,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,360,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$5,340,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$5,200,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$7.89M
Range $7.10M – $8.68M · ±10% · vs last sale $8.71M (Sep 22 2020)
Last sale anchor
$8.71M
Sep 22 2020
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
$522 / 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
$20,021
Tax year 2024
Assessed value
$2,660,660
Assessed 2024
Previous assessed
$2,660,620
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$835,340
Assessed improvement
$1,825,320
Land market value
$835,340
Improvement market value
$1,825,320
Total market value
$2,660,660
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Heating
YES
Stories
1
Total area
15,118 SF
Lot
0.97 ac (42,253 SF)
Zoning code
CITY
APN
042402-1-078-2007
UPID
US90-0842737
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.1M
RESTAURANT
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$5.2M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
YES
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Lynwood Tpvii Property LLC
Entity
Mailing address
614 BOYLSTON AVE E, SEATTLE, WA 98102-4912
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
—
Lynwood Tpvii Property LLC
Lynwood Tpvii LLC
Quit Claim Deed
related
—
Jul 3, 2018
$8,714,000
Lynwood Tpvii LLC
Managed Invs
Trustees Deed
$6,300,000 · Managed Invs
Mar 1, 2017
$6,296,600
Managed Investments LLC
Lynwood Commons LLC
Warranty Deed
—
—
—
Lynnwood Commons LLC
—
Deed Of Trust
related
$3,100,000 · Kitsap FCU
—
—
Lynwood Commons LLC
—
Deed Of Trust
related
$3,350,000 · Kitsap Community FCU
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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