New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Medical Office Space
6565 Kimball Dr, Gig Harbor, WA 98335-1200
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-3307029
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
WOOD FRAME
Total area
25,992 SF
Lot
2.8 ac (121,968 SF)
Zoning code
URBAN
APN
221083163
UPID
US90-3307029
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
-
Maritime Chiropractic Medical Clinic
-
Signal Credit Management Services Accounting Firm Loan Service
-
Harbor Wellness Massage Alternative Medicine Practice Spa & Massage Center
-
Coldwell Banker Commercial Bain Associates Real Estate Agency
-
Insurance Accounting Consultant Services Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$3.93M
Owner & transaction history
6565 Kimball LLC · 3 yrs held
6565 Kimball LLC
since 2022
Last sale
$3.9M
4 recorded transactions
Zoning & alternative use
URBAN · Gig Harbor, 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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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
$3,985,000
ML approach
$4,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±10% · vs last sale $3.85M (Nov 30 2022)
Last sale anchor
$3.85M
Nov 30 2022
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
$151 / 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
$59,023
Tax year 2024
Assessed value
$6,967,100
Assessed 2024
Previous assessed
$6,967,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$2,618,600
Assessed improvement
$4,348,500
Land market value
$2,618,600
Improvement market value
$4,348,500
Total market value
$6,967,100
Applied tax rate
75.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
2
Total area
25,992 SF
Lot
2.8 ac (121,968 SF)
Zoning code
URBAN
APN
221083163
UPID
US90-3307029
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
URBAN · Gig Harbor, WA
Zoning URBAN · permitted uses
URBAN · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.8 ac
Current owner
From public records · entity-resolved
6565 Kimball LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2940 FAIRVIEW AVE E, SEATTLE, WA 98102-3016
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
—
6565 Kimball LLC
Camelot Lane II LLC
Quit Claim Deed
related
—
Aug 22, 2017
$3,850,000
Camelot Lane II LLC
Kerstetter Associates LLC
Warranty Deed
—
Mar 31, 2016
—
Kerstetter Associates LLC
Jack D Kerstetter
Quit Claim Deed
related
$500,000 · Us Bank NA
Aug 28, 2007
$1,350,000
Jack D Kerstetter
Stroh,dorothy M
Warranty Deed
$554,800 · Marty Paul
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6565 Kimball Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
