9331 Silverdale WaySilverdale, WA 98383

  • Retail space
  • 6,811 SF

Property Details for 9331 Silverdale Way

Year built
2004
Lot size
0.29 AC
Property size (Sq ft)
6,811 SF
Zone code
RC
Property type
Retail space
APN
202501-1-078-2007
APU
20250110782007

Description

Silverdale Village, located at 9331-9523 Silverdale Way NW in Silverdale, WA 98383, offers a unique retail opportunity. This 1.09-acre pad site is available for ground lease or build-to-suit development. The property, situated along busy Silverdale Way NW, benefits from high visibility and traffic. Currently, there is 2,865 square feet of vacant retail space available, divisible into units as small as 954 square feet, with a maximum contiguous space of 1,911 square feet. The existing building, constructed in 1976 and renovated in 1996, is anchored by Grocery Outlet and Harbor Freight Tools. Silverdale Village is undergoing expansion, presenting additional pad site opportunities for ground lease or build-to-suit projects. This location provides excellent potential for businesses seeking high-traffic exposure in a thriving Kitsap County market. The property does not include elevators. Interested parties should inquire for lease rates and further details.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,066,790
    6.5%
    $1,907,810
    7%
    $1,771,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,899,520
    Geo Method
    $1,364,130
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,673,690
    Mixed-Use / Specialty
    $1,919,880
    Hospitality / Lodging
    $1,433,130
    Office
    $1,928,140
    Institutional / Educational
    $2,002,650
    Residential Income
    $2,343,100
    Multifamily
    $2,705,540
    Automotive / Energy
    $1,716,560
    Parking / Income-Based Land
    $573,713
    Restaurant / Food Service
    $1,038,830
    Healthcare / Senior Housing
    $1,949,450

Location Insight

City
Silverdale
County
Kitsap
State
Washington
Latitude
47.648
Longitude
-122.697
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
$7,258
$271,190
$545,740
$816,930
-
$271,190
$545,740
$816,930

FAQs

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