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Property profile & analytics
OFF-MARKET
Estimated value
$5,040,000
Medical Office Space
9800 Levin NW Rd, Silverdale, WA 98383-7849
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1508460
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
28,322 SF
Lot
1.73 ac (75,359 SF)
Zoning code
RC
APN
162501-3-124-2003
UPID
US90-1508460
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
-
Cole Aesthetic Center | Blepharoplasty Cosmetic Eyelid Surgeon Seattle Skin Care Clinic
-
Surgery Center of Silverdale Medical Clinic Hospital
-
Silverdale Eye Physicians Ophthalmologist
-
Schneiderman Todd MD Ophthalmologist
-
Surgery Center of Silverdale: Sledge Rebecca D MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.04M
Owner & transaction history
Hcii-9800 Levin Road Nw LLC · 8 yrs held
Hcii-9800 Levin Road Nw LLC
since 2017
5 recorded transactions
Zoning & alternative use
RC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.8M
+13.4%
Neighborhood: shopping center
$7.2M
+5.1%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,875,000
Current use
RETAIL STORES
$7,795,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,225,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,790,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.04M
Range $4.54M – $5.54M · ±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
$178 / 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
$88,350
Tax year 2024
Assessed value
$9,944,420
Assessed 2024
Previous assessed
$9,944,420
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$817,920
Assessed improvement
$9,126,500
Land market value
$817,920
Improvement market value
$9,126,500
Total market value
$9,944,420
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
2
Total area
28,322 SF
Lot
1.73 ac (75,359 SF)
Zoning code
RC
APN
162501-3-124-2003
UPID
US90-1508460
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.9M
RETAIL STORES
Est. value
$7.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
WAREHOUSE, STORAGE
Est. value
$5.8M
MEDICAL BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2005
Heating
NONE
Stories
2
Lot
1.73 ac
Current owner
From public records · entity-resolved
Hcii-9800 Levin Road Nw LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2017
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 28, 2017
$9,600,000
Hcii-9800 Levin Road Nw LLC
Medical Partners LLC
Warranty Deed
—
Jul 24, 2008
—
Jason C Cheung
Cheung,dianah L
Quit Claim Deed
related
—
Dec 29, 2005
—
Medical Partners LLC
—
Trustees Deed
related
$5,812,500 · American Marine Bank
Sep 9, 2005
$1,006,900
Medical Partners LLC
Cross Sound Properties LLC
Warranty Deed
—
—
—
Medical Partners LLC
—
Deed Of Trust
related
$5,775,000 · Columbia State 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.
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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