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Property profile & analytics
OFF-MARKET
Estimated value
$4,960,000
Strip malls
Silverdale, WA 98383
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-2450249
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
23,690 SF
Lot
13.57 ac (591,109 SF)
Zoning code
RC
APN
162501-3-071-2006
UPID
US90-2450249
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
$4.96M
Owner & transaction history
Pk I Silverdale Shopping Ctr L · 19 yrs held
Pk I Silverdale Shopping Ctr L
since 2006
5 recorded transactions
Zoning & alternative use
RC · Silverdale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.5M
+7.9%
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
NEIGHBORHOOD: SHOPPING CENTER
$6,045,000
Current use
RETAIL STORES
$6,520,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$5,750,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,845,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.96M
Range $4.46M – $5.46M · ±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
$209 / 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
$54,533
Tax year 2024
Assessed value
$6,138,111
Assessed 2024
Previous assessed
$6,132,856
+0.1% YoY
Effective rate
0.89%
On assessed value
Assessed improvement
$6,138,111
Improvement market value
$6,138,111
Total market value
$6,138,111
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
YES
Stories
1
Total area
23,690 SF
Lot
13.57 ac (591,109 SF)
Zoning code
RC
APN
162501-3-071-2006
UPID
US90-2450249
Jurisdiction
KITSAP
Zoning & alternative use
RC · Silverdale, WAZoning RC · permitted uses
RC · Silverdale, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.0M
RETAIL STORES
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
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
1980
Heating
YES
Stories
1
Lot
13.57 ac
Current owner
From public records · entity-resolved
Pk I Silverdale Shopping Ctr L
Individual
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Ownership since
2006
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
Nov 20, 2006
$34,812,534
Pk I Silverdale Shopping Ctr L
Ct Operating Ptshp
Grant Deed
$24,000,000 · J P Morgan Chase Bank
Oct 24, 2005
—
Ct Operating Ptshp
Revx-412 LLC
Warranty Deed
related
—
Aug 17, 2005
$32,999,999
Revx-412 LLC
Silverdale Plaza LLC
Warranty Deed
—
Jun 25, 2001
$22,750,000
Silverdale Plaza LLC
Wesbild INC
Grant Deed
$16,940,000 · Nationwide Life Insurance Co
Oct 21, 1999
—
Wesbild INC
—
Deed Of Trust
related
$16,000,000 · Bank Of America
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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