23848 225thMaple Valley, WA 98038

  • Retail properties
  • 2,865 SF
Off market
$1,540,200 Estimated

Property Details for 23848 225th

Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.64 AC
Property size (Sq ft)
2,865 SF
Zone code
CB
Property type
Retail properties
Property subtype
Drive through restaurants
APN
162206-9187
APU
1622069187

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $826,940
    6.5%
    $763,329
    7%
    $708,806
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,840,360
    Geo Method
    $1,390,389
  • Alternative Use

    Use
    Valuation
    Residential
    $643,897
    Hospitality
    $589,806
    Educational
    $490,712
    Medical
    $507,588
    Retail
    $763,329
23848 225th, Maple Valley, Washington

Location Insight

City
Maple Valley
County
King
State
Washington
Latitude
47.3877
Longitude
-122.042
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,905
$561,900
$978,300
$1,540,200
-
$561,900
$978,300
$1,540,200

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