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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Banks
875 6th St Bremerton, WA 98337-1439
Individually Owned
4-yr Hold
Free & Clear
Property ID
US90-1218481
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1972
Total area
7,900 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CITY
APN
3718-017-037-0008
UPID
US90-1218481
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
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$765k
Owner & transaction history
Rawan K Maju · 4 yrs held
Rawan K Maju
since 2021
Last sale
$750,000
1 recorded transaction
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+54.1%
Retail stores
$1.0M
+39.7%
Auto repair, garage
$930,000
+25.5%
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
$850,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$740,000
Current use
RESTAURANT
$1,145,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$1,035,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$930,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$770,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$670,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $750k (Nov 30 2021)
Last sale anchor
$750k
Nov 30 2021
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
$97 / 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
$3,477
Tax year 2024
Assessed value
$408,680
Assessed 2024
Previous assessed
$408,680
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$168,040
Assessed improvement
$240,640
Land market value
$168,040
Improvement market value
$240,640
Total market value
$408,680
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1972
Heating
YES
Stories
2
Total area
7,900 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CITY
APN
3718-017-037-0008
UPID
US90-1218481
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
FINANCIAL BUILDING Current
Est. value
$740,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
MEDICAL BUILDING
Est. value
$770,000
INDUSTRIAL (GENERAL)
Est. value
$670,000
FINANCIAL BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
INDUSTRIAL (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
1972
Heating
YES
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Rawan K Maju
Individual
Free & Clear · 4 yrs held
Mailing address
911 IRONSIDES AVE, BREMERTON, WA 98310-4833
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$750,000
Rawan K Maju
Kitsap Bank
Warranty 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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