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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Grocery and convenience stores
844 6th St Bremerton, WA 98337-1441
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0167077
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1954
Total area
1,458 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CITY
APN
3779-001-019-0109
UPID
US90-0167077
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
-
Happy Teriyaki & Sushi Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
$525k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Bao Maru LLC · 4 yrs held
Bao Maru LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$655,000
+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
$1,015,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$525,000
7%
$485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Change: +76% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $800k (Feb 3 2022)
Last sale anchor
$800k
Feb 3 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
$573 / 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
$1,432
Tax year 2024
Assessed value
$168,270
Assessed 2024
Previous assessed
$151,440
+11.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$86,220
Assessed improvement
$82,050
Land market value
$86,220
Improvement market value
$82,050
Total market value
$168,270
Applied tax rate
10.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1954
Heating
YES
Stories
1
Bathrooms
2
Total area
1,458 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CITY
APN
3779-001-019-0109
UPID
US90-0167077
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bremerton, WAZoning CITY · permitted uses
CITY · 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
COMMERCIAL (GENERAL)
Est. value
$655,000
COMMERCIAL (GENERAL)
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
1954
Heating
YES
Stories
1
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Bao Maru LLC
Entity
Mailing address
1118 BAKER HTS LOOP, BREMERTON, WA 98312-2536
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
—
Bao Maru LLC
Sushi Rock LLC
Quit Claim Deed
related
$618,000 · Us Metro Bank
Sep 28, 2018
$800,000
Sushi Rockllc
Skh & Gas INC
Warranty Deed
$560,000 · First Ic Bk
Oct 5, 2009
$420,000
Skh & Gas INC
Jung,raymond S
Warranty Deed
$480,000 · Saehan Bank
Jan 27, 2006
$250,000
Raymond S Jung
Park,bob R & Maria
Warranty Deed
$249,500 · City Bank
Sep 17, 2002
$250,000
Bob R Park
Choi,dok D & Hyo S
Grant Deed
$290,000 · City Bank
Jun 26, 1996
$200,000
Hyo S Choi
Jung,sung C & Rosa J
Grant Deed
$46,637 · Seller
Apr 17, 1992
$124,500
Tony Y Ho
Unknown
Grant Deed
—
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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