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Financial
Distress signals
Property profile

600 Ericksen Ave NE Bainbridge Island, WA 98110

FOR LEASE
Office buildings
Property ID
US90-0768755
15,760 SF 1.1 ac lot Built 1991
Last sale Aug 2018 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
600 Ericksen Ave NE, Bainbridge Island, WA 98110 For Lease
Contact for pricing 710 SF available
600 Ericksen Ave NE, Bainbridge Island, WA 98110
View Listing

Property summary

AI-generated overview

This third-floor office suite is located in a professional setting and contains approximately 710 square feet. The interior layout includes two private offices for focused work or meetings, a lobby/reception area with natural light, and a kitchenette/bar area with a sink. The suite has east-facing windows and provides views toward a wooded area. An outdoor deck is accessible for breaks or informal meetings. The building offers on-site parking for staff and visitors and is within walking distance of Winslow Way shops, dining, and the Bainbridge Island Ferry terminal.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$4.28M
Assessed land$1.78M
Assessed improvement$2.50M
Effective rate0.75%

Value estimate

· Oct 2026
$2.85M
$2.56M – $3.13M
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 36,807.27% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

Cap rate analysis

How does the asset earn?
36,807.27%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CITY
JurisdictionKITSAP

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.3
HVAC Service11.2
Electrical Service10.3

Location

600 Ericksen Ave NE Bainbridge Island, WA 98110
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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