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Property profile & analytics
FOR LEASE
Office buildings
9657 Levin Rd NW, Silverdale, WA 98383
Individually Owned
3-yr Hold
Free & Clear
Property ID
US90-0847036
For Lease
$28 SF/Yr
9657 Levin Rd NW, Silverdale, WA 98383
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
27,843 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RC
APN
162501-3-108-2003
UPID
US90-0847036
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
-
Land Title Co of Kitsap County Title Company
-
Kelly Lundberg Physician
-
Dr. Taiil Song Physician Medical Clinic
-
Dr. Kristi Mckinney Physician Medical Clinic
-
Internal Revenue Service (IRS) Taxpayer Assistance Center Government Office Federal Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.52M
Comparable Approach
Comparable
$3.73M
Blend (final)
Blend
$5.49M
Owner & transaction history
Jay A Schmid · 3 yrs held
Jay A Schmid
since 2022
4 recorded transactions
Zoning & alternative use
RC · Silverdale, 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 Silverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverdale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,055,000
6.5%
$6,515,000
7%
$6,050,000
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10%
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
$197 / 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
$54,866
Tax year 2024
Assessed value
$6,175,560
Assessed 2024
Previous assessed
$6,175,560
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$775,490
Assessed improvement
$5,400,070
Land market value
$775,490
Improvement market value
$5,400,070
Total market value
$6,175,560
Applied tax rate
6,410.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1997
Heating
YES
Stories
2
Total area
27,843 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RC
APN
162501-3-108-2003
UPID
US90-0847036
Jurisdiction
KITSAP
Zoning & alternative use
RC · Silverdale, WA
Zoning RC · permitted uses
RC · Silverdale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
YES
Stories
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Jay A Schmid
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 2737, SILVERDALE, WA 98383-2737
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
$235,000
Jay A Schmid
Grady Bashore
Warranty Deed
—
Jul 13, 2020
$60,000
Grady Bashore
Warner E Anderson
Warranty Deed
$51,000 · Warner E Anderson
Jun 11, 2020
—
Warner E Anderson
Barry Richlin
Grant Deed
related
—
Dec 8, 2010
—
Cross Sound Properties LLC
Land Title Co Of Kitsap County
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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