10300 Silverdale WaySilverdale, WA 98383

  • Retail properties
  • 61,000 SF
For Lease

Property Details for 10300 Silverdale Way

Year built
1972
Lot size
1.49 AC
Property size (Sq ft)
61,000 SF
Zone code
RC
Property type
Retail properties
Property subtype
Retail space
APN
4489-000-009-0003
APU
44890000090003

Description

Kitsap Place, a prominent Silverdale, Washington retail center, presents a significant leasing opportunity. This single-story, 850,129 square foot building sits on a substantial 22.78-acre lot (992,297 square feet) and boasts ample parking with 400 spaces. Constructed in 1985 and renovated in 1998, the property offers a well-maintained and established presence in the thriving Silverdale market. Currently, 19,121 square feet of retail space is available for lease, providing a unique chance for expansion or new business establishment. The property's location at 10300 Silverdale Way, Silverdale, WA 98383, offers excellent visibility and accessibility. The building's single-story design ensures ease of access and efficient use of space. This multi-tenant property is situated in Kitsap County and benefits from its established commercial infrastructure. The substantial lot size allows for potential future development or expansion opportunities. This is an exceptional opportunity to secure prime retail space in a high-traffic area of Silverdale. The property's history and established presence make it an attractive option for businesses seeking a strong foothold in the Kitsap County market. The available space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,264,922
    6.5%
    $22,398,390
    7%
    $20,798,506
  • Comparable approach

    Method
    Valuation
    Relative Method
    $41,222,164
    Geo Method
    $29,603,398
  • Alternative Use

    Use
    Valuation
    Residential
    $18,893,880
    Hospitality
    $17,306,692
    Educational
    $14,398,965
    Medical
    $14,894,168
    Retail
    $22,398,390
10300 Silverdale Way, Silverdale, Washington

Location Insight

City
Silverdale
County
Kitsap
State
Washington
Latitude
47.6554
Longitude
-122.687
CBSA code
14740
CBSA name
BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$66,909
$529,610
$7,001,428
$7,531,038
-
$529,610
$7,001,428
$7,531,038

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