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Property profile & analytics
OFF-MARKET
Office buildings
9401 Oak Bay Rd, Port Ludlow, WA 98365-8250
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2032659
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1993
Total area
2,274 SF
Lot
0.51 ac (22,216 SF)
Zoning code
MPR-VC
APN
821171012
UPID
US90-2032659
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
by Request
Owner & transaction history
Williwa LLC · 16 yrs held
Williwa LLC
since 2009
5 recorded transactions
Zoning & alternative use
MPR-VC · Port Ludlow, 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 Ludlow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Ludlow 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,165
Tax year 2023
Assessed value
$632,406
Assessed 2023
Previous assessed
$605,057
+4.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$163,087
Assessed improvement
$469,319
Land market value
$163,087
Improvement market value
$469,319
Total market value
$632,406
Applied tax rate
213.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1993
Heating
HEAT PUMP
Stories
1
Total area
2,274 SF
Lot
0.51 ac (22,216 SF)
Zoning code
MPR-VC
APN
821171012
UPID
US90-2032659
Jurisdiction
JEFFERSON
Zoning & alternative use
MPR-VC · Port Ludlow, WA
Zoning MPR-VC · permitted uses
MPR-VC · Port Ludlow, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Ludlow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
HEAT PUMP
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Williwa LLC
Entity
Mailing address
1234 SHINE RD, PORT LUDLOW, WA 98365-9511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2009
$1,350,000
Williwa LLC
Pl1 LLC
Warranty Deed
$1,228,362 · American Marine Bank
Aug 3, 2004
—
Pl I LLC
Shipley,jeffrey R & Jenifer H
Warranty Deed
related
—
—
—
Pl I LLC
—
Loan Modification
related
$169,355 · Kitsap Bank
—
—
Evergreen Business Capital
—
Deed Of Trust
related
$683,239 · American Marine Bank
—
—
Jeffrey R Shipley
—
Deed Of Trust
related
$182,700 · Mariners Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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