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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Retail space
15611 Main NE St Duvall, WA 98019-8491
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0962732
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
FRAME
Total area
4,160 SF
Lot
0.17 ac (7,589 SF)
Zoning code
OT
APN
213070-0195
UPID
US90-0962732
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
-
The Grange Restaurant
-
Yoga Garden Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$1.20M
Owner & transaction history
Grange Hall Holdings LLC · 1 yrs held
Grange Hall Holdings LLC
since 2024
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
OT · Duvall, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+17.0%
Medical building
$1.6M
+0.7%
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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,630,000
Current use
AUTO REPAIR, GARAGE
$1,910,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,645,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,570,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Sep 27 2024)
Last sale anchor
$1.20M
Sep 27 2024
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
$288 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,744
Tax year 2024
Assessed value
$722,100
Assessed 2023
Previous assessed
$722,100
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$166,900
Assessed improvement
$555,200
Land market value
$166,900
Improvement market value
$555,200
Total market value
$722,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
4,160 SF
Lot
0.17 ac (7,589 SF)
Zoning code
OT
APN
213070-0195
UPID
US90-0962732
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OT · Duvall, WA
Zoning OT · permitted uses
OT · Duvall, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duvall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Grange Hall Holdings LLC
Entity
Mailing address
PO BOX 1125, DUVALL, WA 98019-1125
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
—
Grange Hall Holdings LLC
—
Deed
related
$440,000 · Evergreen Bussiness Capiatl
Sep 27, 2024
$1,200,000
Grange Hall Holdings LLC
Rodney M Neldam
Warranty Deed
$606,782 · Heritage Southeast Bank
Mar 5, 2018
—
Rodney M Neldam
Neldam,judith L
Quit Claim Deed
related
—
May 11, 2006
$650,000
Rodney M Neldam
Ruthchild,joyce
Warranty Deed
$500,000 · Joyce Ruthchild
—
—
Rodney M Neldam
—
Deed Of Trust
related
$450,000 · Key Bank NA
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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