21505 Renton-Maple Vly Rd Maple Valley, WA 98038
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.