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    Property profile & analytics

    55 Fairgrounds Rd Bremerton, WA 98311-8629

    • Medical offices
    • 4,119 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $1,700,000
    Last Sale
    Oct 01, 2021
    $1,550,000
    Location Intelligence
    Property ID
    US90-3159875
    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

    • Master Orthodontics and Facial Esthetics / Orthodontist
    • Win Rumsey Family Dentistry / Dentist
    • Lingenbrink Orthodintics / Dentist
    • Kitsap Family Dentistry (Christopher Kerr, DDS) / Dentist
    • Win Rumsey D.D.S. / Dental Clinic

    Property Details for 55 Fairgrounds Rd

    Year built
    1998
    Lot size
    0.74 lot acres
    Property size
    4,119 SF
    Zone code
    NC
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    262501-2-033-2003
    APU
    26250120332003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,595,000
      6.5%
      $1,580,000
      7%
      $1,530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,455,000
      Geo Method
      $1,750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,355,000
      Retail
      $1,190,000
      Mixed-Use
      $1,545,000
      Hospitality
      $1,565,000
      Educational
      $1,280,000
      Residential Income
      $1,490,000
      Energy
      $1,245,000
      Income-Based Land
      $1,430,000
      Food Service
      $1,480,000

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.65
    Latitude
    47.6319
    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
    $8,159
    $209,420
    $707,020
    $916,440
    -
    $209,420
    $707,020
    $916,440

    Comparable in this City

    • Value Estimation by Request
      6,500 SF

      1275 Franklin Ave

      MEDICAL BUILDING • 6,500 SF
      1275 Franklin Ave, Bremerton, WA 98311-3005
      View Details
    • Value Estimation by Request
      6,872 SF

      1425 Franklin Ave

      MEDICAL BUILDING • 6,872 SF
      1425 Franklin Ave, Bremerton, WA 98311-3026
      View Details
    • Value Estimation by Request
      4,030 SF

      1651 Bentley Dr

      MEDICAL BUILDING • 4,030 SF
      1651 Bentley Dr, Bremerton, WA 98311-3706
      View Details
    • Value Estimation by Request
      7,777 SF

      59 Fairgrounds Rd

      MEDICAL BUILDING • 7,777 SF
      59 Fairgrounds Rd, Bremerton, WA 98311-8609
      View Details
    • Value Estimation by Request
      10,135 SF

      5441 Almira NE Dr

      MEDICAL BUILDING • 10,135 SF
      5441 Almira NE Dr, Bremerton, WA 98311-8330
      View Details
    • Value Estimation
      $395,000
      5,108 SF

      1358 Mcwilliams Rd

      MEDICAL BUILDING • 5,108 SF
      1358 Mcwilliams Rd, Bremerton, WA 98311-3114
      View Details

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    Request Owner's contact information
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    55 Fairgrounds Rd
    Bremerton, WA 98311-8629
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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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