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Property profile & analytics
FOR LEASE
Commercial land
14241 Main St NE Duvall, WA 98019
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-3209918
No photos on file
For Lease
$940,000
14241 Main St NE, Duvall, WA 98019
View Listing →
Property summary
AI-generated overview
This exceptional retail opportunity presents three available suites within the brand-new Duvall Village Commercial Center, boasting a total of 15,885 square feet. Located at 14241 Main St NE, Duvall, WA 98019, this property offers high visibility and convenient access. The center sits on a 1.45-acre lot and features a total of four buildings, constructed and renovated in 2024, with a two-story design. Each suite is individually divisible, with a minimum leasable area of 3,000 square feet and a maximum contiguous space of 4,885 square feet. The property includes ample parking with 61 spaces available. Utilities are available, including power, however, elevators are not present. The zoning is MU12, and the King County APN is 213230-1110. This prime location in the Duvall submarket, near the cross street of 143rd St, provides excellent exposure for businesses seeking a thriving community setting. The property is currently fully vacant and ready for immediate occupancy. This is a rare opportunity to establish a presence in a new, high-quality retail development.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.45 ac (63,314 SF)
Zoning code
MU12
APN
213230-1110
UPID
US90-3209918
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
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Jsgp Ventures LLC · 4 yrs held
Jsgp Ventures LLC
since 2021
Last sale
$900,000
1 recorded transaction
Zoning & alternative use
MU12 · Duvall, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
$1e
Zone name
Mixed Use Commercial And Residential
General category
MIXED_USE
Zone area
43.13 ac
Source
Realmo
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 Duvall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duvall 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
$970,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $900k (Aug 31 2021)
Last sale anchor
$900k
Aug 31 2021
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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,655
Tax year 2024
Assessed value
$759,700
Assessed 2023
Previous assessed
$759,700
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$759,700
Land market value
$759,700
Total market value
$759,700
Applied tax rate
1,155.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Heating
NONE
Lot
1.45 ac (63,314 SF)
Zoning code
MU12
APN
213230-1110
UPID
US90-3209918
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MU12 · Duvall, WAZoning MU12 · permitted uses
MU12 · Duvall, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
$1e
Zone name
Mixed Use Commercial And Residential
General category
MIXED_USE
Zone area
43.13 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.45 ac
Current owner
From public records · entity-resolved
Jsgp Ventures LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2004 72ND AVE SE, MERCER ISLAND, WA 98040-2106
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
$900,000
Jsgp Ventures LLC
1303 Wld Duvall Village LLC
Warranty Deed
—
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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