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Property profile & analytics
OFF-MARKET
Retail space
15922 Main NE St Duvall, WA 98019
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1750137
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
STEEL FRAME
Total area
2,260 SF
Lot
0.18 ac (7,643 SF)
Zoning code
OT
APN
213070-0385
UPID
US90-1750137
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
-
Duvall Distillery Brewery & Distillery Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Norige Investments LLC · 11 yrs held
Norige Investments LLC
since 2015
6 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
—
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
$4,904
Tax year 2022
Assessed value
$309,600
Assessed 2022
Previous assessed
$309,600
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$168,100
Assessed improvement
$141,500
Land market value
$168,100
Improvement market value
$141,500
Total market value
$309,600
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
1960
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
2,260 SF
Lot
0.18 ac (7,643 SF)
Zoning code
OT
APN
213070-0385
UPID
US90-1750137
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
1960
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
0.18 ac
Current owner
From public records · entity-resolved
Norige Investments LLC
Entity
Mailing address
17615 170TH PL NE, WOODINVILLE, WA 98072-9634
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2015
$205,000
Norige Investments LLC
Donald Lawrence
Warranty Deed
$164,000 · Banner Bank
Aug 7, 2012
$201,793
Donald Lawrence
Hanson Baker Ludlow Drumh
Trustees Deed
related
—
Jul 1, 2004
$400,000
William Neil
Lawrence,donald & Jill R
Grant Deed
$300,000 · Donald & Jill R Lawrence
Jan 28, 1997
$135,000
Donald G Lawrence
Harder,ervin C & Josephine C
Grant Deed
$65,000 · Valley Community Bank
—
—
William Neil
—
Deed Of Trust
related
$344,911 · Homestreet Bank
—
—
William Neil
—
Deed Of Trust
related
$544,911 · Homestreet 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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