Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Office Spaces
15715 Main NE St Duvall, WA 98019-8580
Individually Owned
13-yr Hold
Free & Clear
Property ID
US90-1075279
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1972
Construction
WOOD
Total area
11,920 SF
Lot
0.15 ac (6,463 SF)
Zoning code
OT
APN
213070-0230
UPID
US90-1075279
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
-
Green Valley Family Dentistry Dental Office
-
Lingam Thusha DDS Dental Office
-
Duvall Pilates Gym & Fitness Center
-
Flavour Bistro Restaurant
-
Law Offices of Magnuson Lowell P.S. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Heather Engstrom · 13 yrs held
Heather Engstrom
since 2013
7 recorded transactions
Zoning & alternative use
OT · Duvall, 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 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
$132 / 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
$16,195
Tax year 2022
Assessed value
$1,383,000
Assessed 2022
Previous assessed
$1,383,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$142,100
Assessed improvement
$1,240,900
Land market value
$142,100
Improvement market value
$1,240,900
Total market value
$1,383,000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
SPACE
Stories
1
Total area
11,920 SF
Lot
0.15 ac (6,463 SF)
Zoning code
OT
APN
213070-0230
UPID
US90-1075279
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.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
SPACE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Heather Engstrom
Individual
Free & Clear · 13 yrs held
Mailing address
1709 181ST PL SW, LYNNWOOD, WA 98037-4917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Feb 8, 2013
—
Heather Engstrom
Niccolls Adolphus 2001 Trust
Grant Deed
related
—
Mar 18, 2003
—
Niccolls,tr
Niccolls,adolphus
Quit Claim Deed
related
—
Jul 11, 2000
$907,000
Adolphus Niccols
D D & L INC
Grant Deed
$250,000 · Towne Bank
Dec 15, 1988
$221,800
D D & L INC
Duvall Plaza
Quit Claim Deed
related
—
—
—
Dd & L INC
—
Deed Of Trust
related
$200,000 · Whatcom State Bank
—
—
Dd & L INC
—
Deed Of Trust
related
$197,685 · Horizon Bank
—
—
Dd
—
Deed Of Trust
related
$100,000 · Valley Community 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15715 Main NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
