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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Grocery and convenience stores
4804 State Hwy 303rd NE Bremerton, WA 98311-3605
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0882681
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Total area
2,544 SF
Lot
0.89 ac (38,768 SF)
Zoning code
C
APN
362501-3-037-2005
UPID
US90-0882681
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
$465k
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$720k
Owner & transaction history
Twae Ji 3 INC · 8 yrs held
Twae Ji 3 INC
since 2018
7 recorded transactions
Zoning & alternative use
C · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+76.1%
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
$465,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$650,000
Current use
COMMERCIAL (GENERAL)
$1,145,000
Change: +76% · Conversion: Easy
MEDICAL BUILDING
$620,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$283 / 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
$21,983
Tax year 2024
Assessed value
$2,485,500
Assessed 2024
Previous assessed
$2,485,500
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$251,070
Assessed improvement
$2,234,430
Land market value
$251,070
Improvement market value
$2,234,430
Total market value
$2,485,500
Applied tax rate
6,310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Heating
YES
Stories
1
Total area
2,544 SF
Lot
0.89 ac (38,768 SF)
Zoning code
C
APN
362501-3-037-2005
UPID
US90-0882681
Jurisdiction
KITSAP
Zoning & alternative use
C · Bremerton, WAZoning C · permitted uses
C · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
1987
Heating
YES
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Twae Ji 3 INC
Entity
Mailing address
4804 STATE HWY 303RD NE, BREMERTON, WA 98311-3605
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2018
$897,861
Twae Ji 3 INC
Weibel Templeton H|sam & Cindy Corp
Trustees Deed
—
May 15, 2013
$855,000
Sam & Cindy Corp
Route 303 LLC
Warranty Deed
—
May 15, 2013
—
Sam & Cindy Corp
—
Trustees Deed
related
$30,000 · Jessica K Lee
Jul 26, 2011
$535,000
Route 303 LLC
Northwest Dealerco Holdings Ll
Grant Deed
—
Jun 20, 2011
—
Northwest Dealerco Holdings Ll
Western Dealer Holding Co LLC
Quit Claim Deed
related
—
Jul 8, 2010
$384,534
Western Dealer Holding Co LLC
Conocophillips Co
Grant Deed
$12,520,000 · First Credit Bank
Dec 10, 1993
$569,829
Tosco Corp
Unknown
Grant Deed
—
—
—
Sam & Cindy Corp
—
Deed Of Trust
related
$765,000 · Route 303 LLC
—
—
Sam & Cindy Corp
—
Deed Of Trust
related
$100,000 · Phillips 66 Co
—
—
Sam & Cindy Corp
—
Deed Of Trust
related
$100,000 · Phillips 66 Co
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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