10600 Silverdale WaySilverdale, WA 98383

Property Details for 10600 Silverdale Way

Year built

1985

Lot size

1.37 AC

Property size (Sq ft)

19,075 SF

Zone code

RC

Property type

Community centers

APN

162501-2-041-2005

APU

16250120412005

Description

Silverdale Square, a 18,332 square foot retail center built in 1985, offers a prime commercial opportunity in Kitsap County, Washington. Located at 10600 Silverdale Way NW, Silverdale, WA 98383 (47.6600446, -122.6845452), this multi-tenant property boasts excellent visibility due to its strategic location across from the Silverdale Mall, at the intersection of Silverdale Way and Myhre Road. Currently, 3,060 square feet of retail space is available for lease. The building's total area is 18,332 square feet. This presents a unique chance to establish or expand a business in a thriving retail hub. The property's prime location ensures high foot traffic and strong brand visibility. The existing infrastructure provides a solid foundation for immediate occupancy. This opportunity is ideal for businesses seeking a well-established location with significant exposure in a bustling commercial area. The property is situated in Kitsap County and offers easy access to major transportation routes, making it convenient for both customers and employees. This space is perfect for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $5,788,290

  6.5%

  $5,343,040

  7%

  $4,961,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,319,840

  Geo Method

  $3,820,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,288,600

  Mixed-Use / Specialty

  $5,376,850

  Hospitality / Lodging

  $4,013,660

  Office

  $5,399,980

  Institutional / Educational

  $5,608,660

  Residential Income

  $6,562,130

  Multifamily

  $7,577,170

  Automotive / Energy

  $4,807,420

  Parking / Income-Based Land

  $1,606,750

  Restaurant / Food Service

  $2,909,370

  Healthcare / Senior Housing

  $5,459,650

Location Insight

City

Silverdale

County

Kitsap

State

Washington

Latitude

47.6599

Longitude

-122.685

CBSA code

14740

CBSA name

BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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