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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Medical Office Space
15435 Main NE St Duvall, WA 98019-5017
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1634792
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
WOOD
Total area
5,600 SF
Lot
0.53 ac (22,937 SF)
Zoning code
MT
APN
212990-0010
UPID
US90-1634792
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
-
John Speer _ Realtor Real Estate Agency
-
Adam Montgomery, RE/MAX Northwest Realtors Real Estate Agency
-
Catherine Olive | RE/MAX Northwest Real Estate Agency
-
Carla Geraghty RE/MAX Northwest Duvall Real Estate Agency
-
S&H Home Staging Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Gssc29 LLC · 12 yrs held
Gssc29 LLC
since 2014
7 recorded transactions
Zoning & alternative use
MT · Duvall, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Midtown zoning district are to provide transition between Old Town and Commercial, provide land for retail, service, business, office, and entertainment uses, provide economic, employment, and housing opportunities in developments, ensure that site requirements and amenities, ensure that future mixed use development complements and enhanc…
Zone name
Midtown Commercial And Office
General category
MIXED_USE
Zone area
14.92 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$10,801
Tax year 2022
Assessed value
$1,008,000
Assessed 2022
Previous assessed
$1,008,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$401,300
Assessed improvement
$606,700
Land market value
$401,300
Improvement market value
$606,700
Total market value
$1,008,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
5,600 SF
Lot
0.53 ac (22,937 SF)
Zoning code
MT
APN
212990-0010
UPID
US90-1634792
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MT · Duvall, WAZoning MT · permitted uses
MT · Duvall, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Midtown zoning district are to provide transition between Old Town and Commercial, provide land for retail, service, business, office, and entertainment uses, provide economic, employment, and housing opportunities in developments, ensure that site requirements and amenities, ensure that future mixed use development complements and enhances Old Town and adjacent residential areas and ensure that development is in keeping with the Duvall City Wide Visioning Plan and the Duvall Downtown Sub Area Plan
Zone name
Midtown Commercial And Office
General category
MIXED_USE
Zone area
14.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Gssc29 LLC
Entity
Mailing address
PO BOX 507, DUVALL, WA 98019-0507
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
—
Gssc29 LLC
—
Deed
related
$387,827 · Banner Bank
Jun 24, 2014
$1,050,000
Gssc29 LLC
Gary L Rutledge
Warranty Deed
$787,500 · Umpqua Bank
Nov 15, 1993
—
Rutledge,chiropractic Care
Rutledge Chiropr
Quit Claim Deed
related
$77,500 · Valley Community Bank
—
—
Rutledge Chiropractic Care
—
Deed Of Trust
related
$415,000 · First Mutual Bank
—
—
Gary L Rutledge
—
Deed Of Trust
related
$75,000 · Frontier Bank
—
—
Rutledge Chiropractic Care
—
Deed Of Trust
related
$250,000 · First Mutual Savings Bank
—
—
Gary L Rutiedge
—
Deed Of Trust
related
$145,000 · Valley Community Bank
—
—
Gary L Rutledge
—
Deed Of Trust
related
$110,000 · Valley Community Bank
—
—
Gary L Rutledge
—
Deed Of Trust
related
$66,198 · Union Bank
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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