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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Retail space
715 Bay St Port Orchard, WA 98366-5319
Entity Owned
13-yr Hold
Free & Clear
Property ID
US90-3368896
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Total area
8,288 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CITY
APN
4650-013-003-0005
UPID
US90-3368896
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
-
Central Dock Restaurant
-
Speed Wagon Foundation Charitable Organization Social Service Agency
-
Custom Picture Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
Leanna's Art & Coffee Restaurant
-
The Dock Bar & Eatery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.66M
Owner & transaction history
Abadan Holdings LLC · 13 yrs held
Abadan Holdings LLC
since 2012
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,480,000
7%
$1,370,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,280,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,115,000
Change: -7% · Conversion: Moderate
OFFICE BUILDING
$2,065,000
Change: -10% · Conversion: Easy
MEDICAL BUILDING
$2,010,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$200 / 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
$11,328
Tax year 2024
Assessed value
$1,345,550
Assessed 2024
Previous assessed
$1,329,450
+1.2% YoY
Effective rate
0.84%
On assessed value
Assessed land
$204,620
Assessed improvement
$1,140,930
Land market value
$204,620
Improvement market value
$1,140,930
Total market value
$1,345,550
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
1935
Heating
YES
Stories
1
Total area
8,288 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CITY
APN
4650-013-003-0005
UPID
US90-3368896
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1935
Heating
YES
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Abadan Holdings LLC
Entity
Free & Clear · 13 yrs held
Mailing address
15300 BOTHELL WAY NE, LAKE FOREST PARK, WA 98155-7634
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2012
—
Abadan Holdings LLC
Shoush Holdings LLC
Quit Claim Deed
related
—
Nov 25, 2008
—
Abadan Holdings LLC
—
Deed Of Trust
related
$1,551,150 · Bank Of America
Feb 15, 2006
$850,000
Shoush Holdings LLC
Booth,douglas W
Warranty Deed
related
—
Aug 22, 2003
$300,000
Douglas W Booth
Kachenko,donald A
Grant Deed
$235,000 · Kitsap Bank
Apr 29, 1991
—
Kachenko Donald
Unknown
Grant Deed
related
—
—
—
Shoush Holdings LLC
—
Deed Of Trust
related
$1,551,150 · Bank Of America
—
—
Donald A Kachenko
—
Deed Of Trust
related
$225,000 · Old Standard Life Insurance Co
—
—
Donald A Kachenko
—
Deed Of Trust
related
$225,000 · Old Standard Life Insurance Co
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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