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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21505 Renton-Maple Vly Rd Maple Valley, WA 98038

8,320 SF 1.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 8,320 square foot multi-tenant retail, office, and industrial storefront building situated in Maple Valley, Washington. Located at 21505 Renton-Maple Vly Rd, 98038, this property boasts a prime location on State Route 169 (SE Renton Maple Valley Road) and Highway 18, ensuring high visibility and traffic. The building sits on a 1.26-acre lot providing ample parking for tenants and customers. Currently housing four tenants, the property offers a strong 5.59% cap rate and presents an immediate income stream. With a total of five units, there is up to 2,400 square feet of space available for lease, providing an owner-user opportunity or further investment potential. The building features three roll-up doors, ideal for industrial or retail uses. Renovations were completed in phases, with work done in 1971 and 1990. The property is zoned NB and offers a total net rentable area of 8,320 square feet. The asking price for this well-maintained and strategically located property is $2,400,000. This is a rare opportunity to acquire a profitable multi-tenant property in a high-growth area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 8,320 SF
Lot 1.26 ac (54,886 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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