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Property profile & analytics
OFF-MARKET
Estimated value
$4,875,000
Commercial real estate
23745 225th SE Way, Maple Valley, WA 98038-5294
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-0472652
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Construction
WOOD
Total area
22,040 SF
Lot
1.2 ac (52,131 SF)
Zoning code
CB
APN
162206-9096
UPID
US90-0472652
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
-
La Fogata Mexican Restaurant Restaurant
-
Daniel J. Neilsen Law Firm
-
Cedar River Law Law Firm
-
David L. Moe Attorney, P.S. Law Firm
-
Everdeen Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.88M
Owner & transaction history
Maple Valley Center LLC · 9 yrs held
Maple Valley Center LLC
since 2016
7 recorded transactions
Zoning & alternative use
CB · Maple Valley, 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 Maple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Valley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,135,000
6.5%
$5,665,000
7%
$5,260,000
Blend value · Realmo final
$4.88M
Range $4.39M – $5.36M · ±10%
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
$221 / 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
$52,020
Tax year 2022
Assessed value
$5,530,300
Assessed 2022
Previous assessed
$5,530,300
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$1,042,600
Assessed improvement
$4,487,700
Land market value
$1,042,600
Improvement market value
$4,487,700
Total market value
$5,530,300
Applied tax rate
1,818.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
22,040 SF
Lot
1.2 ac (52,131 SF)
Zoning code
CB
APN
162206-9096
UPID
US90-0472652
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Maple Valley, WA
Zoning CB · permitted uses
CB · Maple Valley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maple Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Maple Valley Center LLC
Entity
Free & Clear · 9 yrs held
Mailing address
22301 SE 236TH PL, MAPLE VALLEY, WA 98038-8207
Ownership since
2016
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
May 15, 2020
—
Maple Valley Center LLC
—
Deed
related
$2,542,180 · Heritage Bank
Dec 30, 2016
—
Maple Valley Center LLC
Kossert Ents II LLC
Quit Claim Deed
related
—
Dec 1, 2006
$5,716,667
Maple Valley Center LLC
Maple Valley Development LLC
Warranty Deed
$4,000,000 · First Mutual Bank
Jun 27, 2001
—
Maple Valley Development LLC
—
Trustees Deed
related
$1,927,000 · Pacific Northwest Bank
May 4, 2000
—
Martin J Durkan
Montgomery Purude Blankinship
Quit Claim Deed
related
—
Apr 14, 2000
—
Bobby Chen
Chen,hsiu-chuang
Quit Claim Deed
related
—
Apr 14, 2000
$287,980
Mt Rainier National Bank
Durkan,martin J & Jennifer R
Trustees Deed
related
—
Sep 14, 1990
$140,000
Martin J Durkan
Sobottka,craig H
Grant Deed
$70,000 · Seller
—
—
Maple Valley Development LLC
—
Deed Of Trust
related
$3,375,000 · Pacific Northwest 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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