23818 225th SE Ave Maple Valley, WA 98038-5088
-
Club Pilates Gym & Fitness Center
-
Starbucks Cafe & Coffee Shop
-
Wilderness Dental Care Dental Office
-
Katja Kespret, DDS Dental Office
-
Mohamed Serwan, DDS Physician
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB · Maple Valley, WAMixed-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 to alert future owners that this affordability covenant was required as a condition of approval of the development. Affordable units are subject to the following requirements: a. The affordable housing units shall be intermingled with all other dwelling units in the development. b. The type of ownership of the affordable housing units shall be the same as the type of ownership for the rest of the housing units in the development. c. The affordable housing units shall consist of a range of number of bedrooms that are comparable to units in the overall development. d. The size of the affordable housing units must be no more than 10% smaller than comparable dwelling units in the development, based on number of bedrooms, or no less than 350 square feet for a studio, 500 square feet for a one-bedroom unit, 700 square feet for a two-bedroom unit, or 900 square feet for a three-bedroom unit, whichever would yield the larger unit. e. The affordable housing units shall be available for occupancy in a time frame comparable to the availability of the rest of the dwelling units in the development. f. The exterior design of the affordable housing units must be compatible and comparable with the rest of the dwelling units in the development. g. The interior finish and quality of construction of the affordable housing units shall at a minimum be comparable to newly constructed entry level rental or ownership housing in the City of Maple Valley. 5. Group homes, senior assisted living homes and nursing homes shall be subject to the following development standards: a. The home shall be limited to individuals who need special care due to sensory, mental, or physical disabilities and who are considered handicapped or who are otherwise within the scope of 42 U.S.C. 3602 ; b. The home shall be licensed by an appropriate agency of the State; c. The home shall conform to the development standards of this code applicable to other residential uses in the zone in which it is located; and d. Off-street parking spaces meeting the requirements of this code shall be provided. 6. Bed and breakfasts shall meet the following development standards: a.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.