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Property profile & analytics
OFF-MARKET Estimated value $1,740,000
Office buildings

23818 225th SE Ave Maple Valley, WA 98038-5088

7,512 SF 2.58 ac lot Built 2020
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US90-2139885
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2020
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,512 SF
Lot 2.58 ac (112,507 SF)
Zoning code CB
APN 162206-9047
UPID US90-2139885
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
  • Club Pilates Gym & Fitness Center
  • Starbucks Cafe & Coffee Shop
  • Wilderness Dental Care Dental Office
  • Katja Kespret, DDS Dental Office
  • Mohamed Serwan, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M
Owner & transaction history
Northpoint LLC · 7 yrs held
Northpoint LLC
since 2019
5 recorded transactions
2019
Price N/A
2019
Price N/A
2007
$338,333
1995
$235,000
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
Top alternative use upside
Industrial (general) $2.9M +1.2%
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