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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Banks
901 Hildebrand NE Ln Bainbridge Island, WA 98110-2826
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1773111
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1991
Total area
9,654 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CITY
APN
262502-2-084-2000
UPID
US90-1773111
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
$2.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Clark Construction INC · 4 yrs held
Clark Construction INC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CITY · Bainbridge Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+324.0%
Commercial (general)
$1.4M
+124.2%
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 Bainbridge Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bainbridge Island 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
$2,535,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,735,000
Change: +324% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,445,000
Change: +124% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.00M (Mar 31 2022)
Last sale anchor
$2.00M
Mar 31 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
$233 / 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
$16,237
Tax year 2024
Assessed value
$2,157,870
Assessed 2024
Previous assessed
$2,136,740
+1.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,644,630
Assessed improvement
$513,240
Land market value
$1,644,630
Improvement market value
$513,240
Total market value
$2,157,870
Applied tax rate
215.0000
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
1991
Heating
YES
Stories
2
Total area
9,654 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CITY
APN
262502-2-084-2000
UPID
US90-1773111
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Bainbridge Island, WA
Zoning CITY · permitted uses
CITY · Bainbridge Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bainbridge Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
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
1991
Heating
YES
Stories
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Clark Construction INC
Entity
Mailing address
901 HILDEBRAND LN NE, BAINBRIDGE ISLAND, WA 98110-2826
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
—
Clark Construction INC
—
Deed
related
$3,000,000 · First Fed Bank
Apr 3, 2024
—
Clark Construction INC
—
Deed
related
$4,000,000 · First Fed Bank
Mar 31, 2022
$2,000,000
Clark Construction INC
Urg Hildebrand Property LLC
Bargain And Sale Deed
—
Jun 13, 2016
—
Urg Hilderbrand Property LLC
Pnw Island Village LLC
Quit Claim Deed
related
—
Oct 31, 2012
—
Pnw Island Village LLC
Joshua Green Corp
Quit Claim Deed
related
—
Mar 14, 2001
—
Joshua Green Corp
—
Deed Of Trust
related
$11,000,000 · Allstate Life Insurance Co
Aug 1, 1997
$1,290,000
A & B Properties INC
Liberty Bay Financial Corp
Grant Deed
—
Apr 30, 1993
—
Liberty Bay Financial Corp
Unknown
Grant Deed
related
—
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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