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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Grocery and convenience stores
6835 State Hwy 303rd NE Bremerton, WA 98311-3737
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1737065
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Total area
3,843 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C
APN
262501-4-116-2009
UPID
US90-1737065
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
-
Amazon Hub Locker - Ferryboat Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.05M
Owner & transaction history
Sohal Group LLC · 6 yrs held
Sohal Group LLC
since 2019
7 recorded transactions
Zoning & alternative use
C · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+76.1%
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 Bremerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremerton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,495,000
6.5%
$1,380,000
7%
$1,280,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Current use
COMMERCIAL (GENERAL)
$1,725,000
Change: +76% · Conversion: Easy
MEDICAL BUILDING
$935,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10%
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
$273 / 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
$29,200
Tax year 2024
Assessed value
$3,279,770
Assessed 2024
Previous assessed
$3,279,770
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$283,800
Assessed improvement
$2,995,970
Land market value
$283,800
Improvement market value
$2,995,970
Total market value
$3,279,770
Applied tax rate
6,220.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Heating
YES
Stories
1
Total area
3,843 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C
APN
262501-4-116-2009
UPID
US90-1737065
Jurisdiction
KITSAP
Zoning & alternative use
C · Bremerton, WAZoning C · permitted uses
C · Bremerton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$980,000
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
YES
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Sohal Group LLC
Entity
Mailing address
3333 S 376TH ST, AUBURN, WA 98001-8777
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Sohal Group LLC
—
Deed
related
$725,000 · Jackson Food Stores INC
Aug 14, 2019
$2,220,000
Sohal Group LLC
Tkban INC
Warranty Deed
$2,171,000 · Beacon Busn Bk NA
Sep 4, 2008
$2,150,000
Tkban INC
Shin,ho Y & Kuk H
Warranty Deed
$2,000,000 · Pacific City Bank
Mar 15, 2006
$1,300,000
Ho Y Shin
Snc Investments LLC
Warranty Deed
$1,500,000 · Pacific International Bank
Dec 12, 2002
$850,000
Snc Investments LLC
Strickfaden (wa) LLC
Grant Deed
$2,308,000 · Citicorp Leasing INC
Nov 13, 1995
$313,632
Jack M Strickfaden
Walmart Stores INC
Grant Deed
—
—
—
Ho Y Shin
—
Deed Of Trust
related
$70,000 · Pacific International Bank
—
—
Ho Shin
—
Deed Of Trust
related
$45,000 · Koong Cho
—
—
Tkban INC
—
Deed Of Trust
related
—
—
—
Tkban INC
—
Deed Of Trust
related
$400,000 · Janice Park
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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