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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
585 Bethel Ave Port Orchard, WA 98366-4501
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0075654
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
10,004 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CITY
APN
4062-008-001-0009
UPID
US90-0075654
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
Current use
Occupant on record · Public records
-
Hurst & Son LLC Campground & RV Park
-
TBD Pottery Theater & Performing Art Venue
-
Twice Around the Closet Discount Store (Bike/Boat/Book/etc) Store
-
Good Vibrations Grooming Pet Grooming Service
-
Inner You Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$775k
Owner & transaction history
Main Office H&s LLC · 4 yrs held
Main Office H&s LLC
since 2021
Last sale
$710,000
5 recorded transactions
Zoning & alternative use
CITY · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard 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
$805,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $710k (Dec 1 2021)
Last sale anchor
$710k
Dec 1 2021
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
$77 / 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
$6,934
Tax year 2024
Assessed value
$823,670
Assessed 2024
Previous assessed
$823,670
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$197,880
Assessed improvement
$625,790
Land market value
$197,880
Improvement market value
$625,790
Total market value
$823,670
Applied tax rate
805.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
YES
Stories
2
Total area
10,004 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CITY
APN
4062-008-001-0009
UPID
US90-0075654
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WA
Zoning CITY · permitted uses
CITY · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orchard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Main Office H&s LLC
Entity
Mailing address
585 BETHEL AVE, PORT ORCHARD, WA 98366-4501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
—
Main Office H&s LLC
Hurst & Sons LLC
Quit Claim Deed
related
$1,275,000 · Spokane Teachers Cu
Jul 31, 2019
$710,000
Hurst & Sons LLC
Sepand LLC
Warranty Deed
$568,000 · Numerica Cu
May 12, 2006
$825,000
Sepand LLC
Wick,bryan D
Warranty Deed
$618,750 · Kitsap Bank
May 1, 1989
$355,000
Bryan D Wick
Unknown
Grant Deed
—
—
—
Sepand LLC
—
Deed Of Trust
related
$607,000 · Us Bank NA
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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