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Property profile & analytics
OFF-MARKET Estimated value $2,880,000
Office buildings

22017 Wax Rd Maple Valley, WA 98038-5525

17,451 SF 1.72 ac lot Built 1999
Entity Owned 27-yr Hold Free & Clear
Property ID
US90-1608562
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,451 SF
Lot 1.72 ac (74,838 SF)
Zoning code CB
APN 162206-9154
UPID US90-1608562
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
  • Janet Lewis Windermere RE/Maple Valley Real Estate Agency
  • City of Maple Valley - City Hall City Government Office Notary Public
  • Rayna Simpson Real Estate Agency
  • Hannah Corbin | Windermere Real Estate Real Estate Agency
  • Kate Scannell | Windermere Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.99M
Blend (final) Blend
$2.88M
Owner & transaction history
Maple Valley Plaza LLC · 27 yrs held
Maple Valley Plaza LLC
since 1999
7 recorded transactions
1999
Price N/A
1998
Price N/A
1995
$655,000
1992
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CB · Maple Valley, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed-use developments in the CB and FCC zones with 10 or more residential units shall reserve at least 10% of the total units to be affordable to those making 70% or less of the King County Area Median Income (AMI). Fractional units shall be rounded to the nearest whole unit using standard rounding techniques. Developments shall record a covenant on title t…

Zone name Community Business
General category COMMERCIAL
Zone area 152.88 ac
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