10300 Silverdale WaySilverdale, WA 98383
- Retail properties
- 61,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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