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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
4795 Wilkinson W Rd Bremerton, WA 98312-9750
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-1252103
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
3,840 SF
Lot
39.54 ac (1,722,362 SF)
Zoning code
MRO/RR
APN
342401-4-001-1000
UPID
US90-1252103
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
$900k
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$680k
Owner & transaction history
Meridian Terrace LLC · 8 yrs held
Meridian Terrace LLC
since 2018
7 recorded transactions
Zoning & alternative use
MRO/RR · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$980,000
+35.5%
Medical building
$930,000
+28.9%
Retail stores
$730,000
+0.7%
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 Bremerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremerton 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%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: +29% · Conversion: Easy
RETAIL STORES
$730,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$690,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$177 / 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
$6,193
Tax year 2024
Assessed value
$752,760
Assessed 2024
Previous assessed
$611,040
+23.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$354,650
Assessed improvement
$398,110
Land market value
$354,650
Improvement market value
$398,110
Total market value
$752,760
Applied tax rate
8,170.0000
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
1997
Heating
YES
Buildings
3
Stories
2
Total area
3,840 SF
Lot
39.54 ac (1,722,362 SF)
Zoning code
MRO/RR
APN
342401-4-001-1000
UPID
US90-1252103
Jurisdiction
KITSAP
Zoning & alternative use
MRO/RR · Bremerton, WA
Zoning MRO/RR · permitted uses
MRO/RR · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bremerton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
MEDICAL BUILDING
Est. value
$930,000
RETAIL STORES
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$690,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1997
Heating
YES
Stories
2
Buildings
3
Lot
39.54 ac
Current owner
From public records · entity-resolved
Meridian Terrace LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2715 64TH AVE NE, TACOMA, WA 98422-3352
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2020
—
Meridian Terrace LLC
—
Deed
related
$552,788 · Sergey Zhuk
Apr 19, 2018
—
Meridian Terrace LLC
Capital Fin
Quit Claim Deed
related
—
Apr 16, 2018
$525,000
Meridian Terrace LLC
Capital Fin
Quit Claim Deed
related
—
Apr 4, 2013
—
Richard N Christopherson
—
Trustees Deed
related
—
Dec 8, 2003
—
Claribell G Christopherson Est
—
Deed Of Trust
related
$1,000,000 · American Contractors Indemnity
—
—
Richard N Christopherson
—
Deed Of Trust
related
—
—
—
Meridian Terrace LLC
—
Deed Of Trust
related
$552,788 · Sergey Zhuk
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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