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Property profile & analytics
OFF-MARKET
Estimated value
$3,120,000
Day care centers
23928 276th St, Maple Valley, WA 98038-8103
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1792798
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2008
Construction
WOOD
Total area
10,800 SF
Lot
0.96 ac (41,798 SF)
Zoning code
R-6
APN
342206-9107
UPID
US90-1792798
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
-
The Country Playhouse Academy High School Daycare Center
-
Summit Park Off Leash Dog Park Park
-
Junior Junction Day School Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$3.12M
Owner & transaction history
Future Invs For Student Happin · 5 yrs held
Future Invs For Student Happin
since 2020
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
R-6 · Maple Valley, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+6.7%
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
$3,230,000
ML approach
$3,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$4,650,000
Current use
AUTO REPAIR, GARAGE
$4,960,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$4,265,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$4,235,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,120,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$4,070,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.12M
Range $2.81M – $3.43M · ±10% · vs last sale $3.00M (Jan 14 2021)
Last sale anchor
$3.00M
Jan 14 2021
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
$289 / 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
$23,674
Tax year 2022
Assessed value
$2,430,000
Assessed 2022
Previous assessed
$2,430,000
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$198,500
Assessed improvement
$2,231,500
Land market value
$198,500
Improvement market value
$2,231,500
Total market value
$2,430,000
Applied tax rate
1,813.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
10,800 SF
Lot
0.96 ac (41,798 SF)
Zoning code
R-6
APN
342206-9107
UPID
US90-1792798
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-6 · Maple Valley, WA
Zoning R-6 · permitted uses
R-6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
OFFICE BUILDING
Est. value
$4.1M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Future Invs For Student Happin
Individual
Free & Clear · 5 yrs held
Mailing address
247 SHAY RD, BUCKLEY, WA 98321-8413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2021
—
Patcon Properties LLC
—
Deed
related
$1,250,000 · Northwest Business Development Associati
Nov 16, 2020
—
Future Invs For Student Happin
Steve Hutchison
Quit Claim Deed
related
—
Feb 11, 2003
$90,000
Steven C Hutchison
Pbanes,john E & Mary P
Grant Deed
—
Aug 4, 2000
$80,000
John E Banes
Fuller,leonard C & Carol A
Grant Deed
$60,000 · First Mutual Bank
—
—
Inv Student Happiness Future
—
Deed Of Trust
related
$1,200,000 · Brown H & Jean E Morton
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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