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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Medical Office Space
126 2nd St, North Bend, WA 98045-9175
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-0522314
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
WOOD
Total area
5,074 SF
Lot
0.32 ac (14,000 SF)
Zoning code
DC
APN
784670-0470
UPID
US90-0522314
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
Current use
Occupant on record · Public records
-
Rebecca Dale, MD Ophthalmologist
-
Bryan Redick Physician
-
Arbor Eyecare - North Bend Physician
-
Mallory Troyer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Duvall Enterprises LLC · 15 yrs held
Duvall Enterprises LLC
since 2010
7 recorded transactions
Zoning & alternative use
DC · North Bend, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$184 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,993
Tax year 2022
Assessed value
$1,395,300
Assessed 2022
Previous assessed
$1,395,300
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$350,000
Assessed improvement
$1,045,300
Land market value
$350,000
Improvement market value
$1,045,300
Total market value
$1,395,300
Applied tax rate
1,925.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Total area
5,074 SF
Lot
0.32 ac (14,000 SF)
Zoning code
DC
APN
784670-0470
UPID
US90-0522314
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · North Bend, WA
Zoning DC · permitted uses
DC · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Duvall Enterprises LLC
Entity
Mailing address
126 E 2ND ST, NORTH BEND, WA 98045-9175
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
—
Duvall Ents LLC
—
Deed
related
$479,206 · Peoples Bk
Sep 30, 2010
$700,000
Duvall Enterprises LLC
Cjd Holdings LLC
Warranty Deed
$637,500 · Peoples Bank
Jul 25, 2007
—
Cjd Holdings LLC
John Day Homes INC
Quit Claim Deed
related
—
Apr 9, 2004
—
John Day Homes INC
—
Trustees Deed
related
$500,000 · Key Bank NA
May 30, 2003
$225,000
John Day Homes INC
Haviland,donald S
Grant Deed
—
—
—
Cjd Holdings LLC
—
Deed Of Trust
related
$500,000 · Key Bank NA
—
—
Duvall Ents LLC
—
Loan Modification
related
$479,206 · Peoples Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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