10300 Silverdale WaySilverdale, WA 98383

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $18,510,400

  6.5%

  $17,086,500

  7%

  $15,866,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,012,300

  Geo Method

  $12,217,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $32,902,000

  Mixed-Use / Specialty

  $17,194,700

  Hospitality / Lodging

  $12,835,300

  Office

  $17,268,600

  Institutional / Educational

  $17,935,900

  Residential Income

  $20,985,000

  Multifamily

  $24,231,100

  Automotive / Energy

  $15,373,700

  Parking / Income-Based Land

  $5,138,230

  Restaurant / Food Service

  $9,303,890

  Healthcare / Senior Housing

  $17,459,400

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

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