5230 Bethel Rd SE, Port Orchard, WA 98367
This exceptional 9.77-acre parcel in Port Orchard, Washington, presents a unique investment opportunity. Located at 5230 Bethel Rd SE, 98367, this property is conveniently situated just south of the Sedgwick/Bethel intersection in South Kitsap. Currently zoned Urban Low Residential, significant progress has already been made towards securing a conditional use permit for an 87-unit RV park. The county process has been navigated to this point, streamlining the path to development. The land boasts convenient access to public water and sewer, minimizing infrastructure challenges. Priced at $1,400,000 ($143,296/acre), this offering represents a compelling value proposition for developers seeking a well-positioned site with substantial groundwork already completed. While the RV park permit is a key highlight, the Urban Low Residential zoning allows for exploration of alternative uses within Kitsap County's jurisdictional guidelines. This property offers a blend of immediate development potential and long-term investment upside. The location provides easy access to local amenities and transportation routes, enhancing its overall appeal. Detailed plans and permit information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.