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    Property profile & analytics

    501 Bay St Port Orchard, WA 98366-5305

    • Office buildings
    • 2,025 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $4,210,000
    Last Sale
    Dec 06, 2022
    $3,500,000
    Location Intelligence
    Property ID
    US90-0927250
    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.

    Current Use by Public Records

    • G Anderson Group LLC / Real Estate Agency / Commercial Real Estate Agency
    • Sinclair Marina / Marina
    • Infinity Boat Services / Boat Repair Shop

    Property Details for 501 Bay St

    Year built
    1994
    Lot size
    0.02 lot acres
    Property size
    2,025 SF
    Zone code
    CITY
    Property type
    Office buildings
    APN
    4650-004-001-0006
    APU
    46500040010006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,335,000
      6.5%
      $3,140,000
      7%
      $3,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,190,000
      Geo Method
      $3,735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,160,000
      Retail
      $3,695,000
      Mixed-Use
      $3,505,000
      Hospitality
      $3,495,000
      Educational
      $3,520,000
      Residential Income
      $3,865,000
      Energy
      $3,320,000
      Income-Based Land
      $3,040,000
      Food Service
      $4,085,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.642
    Latitude
    47.5414
    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
    $618
    $11,400
    $62,050
    $73,450
    -
    $11,400
    $62,050
    $73,450

    Comparable in this City

    • Value Estimation by Request
      7,290 SF

      3200 Rainshadow Ct

      OFFICE BUILDING • 7,290 SF
      3200 Rainshadow Ct, Port Orchard, WA 98366-9200
      View Details
    • Value Estimation by Request
      28,370 SF

      216 Prospect St

      OFFICE BUILDING • 28,370 SF
      216 Prospect St, Port Orchard, WA 98366-5326
      View Details
    • Value Estimation by Request
      1,400 SF

      2081 Spg E St

      OFFICE BUILDING • 1,400 SF
      2081 Spg E St, Port Orchard, WA 98366-7182
      View Details
    • Value Estimation
      $1,760,000
      8,028 SF

      730 Prospect St

      OFFICE BUILDING • 8,028 SF
      730 Prospect St, Port Orchard, WA 98366-5336
      View Details
    • Value Estimation by Request
      1,008 SF

      1776 Vlg SE Way

      OFFICE BUILDING • 1,008 SF
      1776 Vlg SE Way, Port Orchard, WA 98366-2680
      View Details
    • Value Estimation
      $4,125,000
      2,025 SF

      Port

      OFFICE BUILDING • 2,025 SF
      Port, Orchard, WA 98366
      View Details

    Similar Nearby for Sale

    • $999,999
      3,840 SF

      Well-Maintained Office Building with Garage

      Two-story office building with flexible layout and detached garage/shop.
      1550 SE Port Orchard Blvd, Port Orchard, WA 98366
      View Details
    • $1,300,000
      3,840 SF

      Well-Maintained Office Building with Garage

      Two-story office building with flexible layout and detached garage.
      1550 Woodridge Dr SE, Port Orchard, WA 98366
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    • $1,550,000

      Port Orchard Pristine Office Building

      High-quality, fully leased office building with significant upside potential.
      2465 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $999,999

      Well-Maintained Office Building with Garage

      Two-story office building with garage in a quiet, private setting.
      1550 SE Woodridge Dr, Port Orchard, WA 98366
      View Details
    • $970,000

      Two-Story Office Building For Sale

      Two-story office building near Highway 16 and Port Orchard Medical Center.
      104 Tremont St, Port Orchard, WA 98366
      View Details
    • $1,250,000
      9,079 SF

      Mixed-Use Development Opportunity

      Mixed-use zoned property in downtown Port Orchard.
      100-160 Bethel Ave, Port Orchard, WA 98366
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,508 SF

      Class A Medical Office Space in Port Orchard

      Prime Port Orchard medical suites, 821-4,403 sq ft.
      450 Kitsap Blvd, Port Orchard, WA 98366
      View Details
    • $25 SF/Yr
      1,860 SF

      Updated Office Space For Lease

      Updated office space with private entrance and ensuite bathroom.
      1140 Bethel Ave, Port Orchard, WA 98366
      View Details
    • $500 /Mo
      997 SF

      Executive Office Suites For Lease

      Executive office suites available for lease with utilities included.
      813 Division St, Port Orchard, WA 98366
      View Details
    • $400 /Mo
      660 SF

      Port Orchard Office Space Available

      Ground floor office suite in central Port Orchard location.
      2501-2507 SE Mile Hill Dr, Port Orchard, WA 98366
      View Details
    • $0.75 SF/Yr
      3,132 SF

      Port Orchard Office Space Available

      Office space available for rent in Port Orchard, Washington.
      9654 SE Southworth Dr, Port Orchard, WA 98366
      View Details
    • $17 SF/Yr
      4,941 SF

      Port Orchard Office Space Available

      Centrally located office spaces with easy highway access and parking.
      1950 Pottery Ave, Port Orchard, WA 98366
      View Details
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    501 Bay St
    Port Orchard, WA 98366-5305
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    Realmo Value Estimation

    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.

    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.

    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
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