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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Turn key restaurants
737 Bay St Port Orchard, WA 98366-5309
Individually Owned
12-yr Hold
Free & Clear
Property ID
US90-3268189
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1964
Total area
15,484 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CITY
APN
4650-013-005-0003
UPID
US90-3268189
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Richard A Rylander · 12 yrs held
Richard A Rylander
since 2014
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$46 / 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
$6,880
Tax year 2024
Assessed value
$817,230
Assessed 2024
Previous assessed
$650,270
+25.7% YoY
Effective rate
0.84%
On assessed value
Assessed land
$202,440
Assessed improvement
$614,790
Land market value
$202,440
Improvement market value
$614,790
Total market value
$817,230
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1964
Heating
YES
Buildings
2
Stories
2
Total area
15,484 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CITY
APN
4650-013-005-0003
UPID
US90-3268189
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
1964
Heating
YES
Stories
2
Buildings
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Richard A Rylander
Individual
Free & Clear · 12 yrs held
Mailing address
15300 BOTHELL WAY NE, LAKE FOREST PARK, WA 98155-7634
Ownership since
2014
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
May 21, 2014
—
Richard A Rylander
Myhres INC
Quit Claim Deed
related
—
May 21, 2014
$425,000
Abadan Holdings LLC
Rylander,richard A
Warranty Deed
related
—
Jan 9, 2014
$485,000
Myhres INC
Caulkins Susan
Trustees Deed
—
Feb 1, 2005
$700,000
John Lora
Myhres INC
Warranty Deed
$750,000 · Myhre's INC
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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