Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    22400 64Th Ave S Kent, WA 98032

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Large land parcel available in Kent, Washington.

    Property size:
    155,000 SF
    Lot size:
    3.63 Acres

    Property Features for 22400 64Th Ave S

    General Information

    Size
    155,000 SF
    Lot size
    3.63 Acres

    We can help!

    Listing Contact
    John King
    Source: Moodyscre

    Listing Agency: American Warehouse Co., Inc. Listing Agent: John King

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Kent Land Parcel For Sale

    A land parcel is available for sale in Kent, Washington. The property encompasses approximately 155,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.253345
    Latitude
    47.400303

    Nearby Similar for Sale

    • $2,595,000
      11,000 SF

      Kent Valley Townhomes Multifamily Asset

      11-unit multifamily asset in Kent, Washington with upside potential.
      619 1St Ave S, Kent, WA 98032
      View Details
    • $1,700,000
      5,380 SF

      Kent Automotive Property For Sale

      Single-tenant automotive property with established auto body and repair facility.
      24433 Pacific Hwy S, Kent, WA 98032
      View Details
    • $2,650,000
      16,756 SF

      Meeker Street Mixed-Use Building

      Mixed-use building near Kent Station with retail and apartment units.
      214 W Meeker St, Kent, WA 98032
      View Details
    • Contact for pricing
      1,178 SF

      Kent Condo with Vaulted Ceilings

      Top floor Kent condo near Kent Station with many amenities.
      23605 112Th Ave SE, Kent, WA 98031
      View Details
    • $3,500,000
      26,536 SF

      Mixed-Use Asset in Active Submarket

      Two-story mixed-use property with income upside in South King County.
      235 1St Ave S, Kent, WA 98032
      View Details
    • Contact for pricing
      1,180 SF

      Spacious Townhouse in Meadow Glen

      Updated two-story townhouse with modern amenities and community perks.
      20906 114Th Pl SE, Kent, WA 98031
      View Details
    • $1,250,000

      Versatile Commercial Space, Kent Location

      High-visibility commercial space suitable for medical or professional uses.
      10834 SE Kent Kangley Rd, Kent, WA 98030
      View Details
    • Contact for pricing
      5,880 SF

      Prime Downtown Kent Location

      Versatile property in the heart of Kent, WA.
      221 W Gowe St, Kent, WA 98032
      View Details
    • $1,975,000
      9,300 SF

      Kent Professional Building For Sale

      Two-story Kent office building near Kent Station and Sound Transit.
      610 West Meeker St, Kent, WA 98032
      View Details
    • Contact for pricing
      24,240 SF

      Downtown Kent Mixed-Use Property

      Prime Kent location, high potential.
      408 Central Ave, Kent, WA 98032
      View Details
    • Contact for pricing
      115,004 SF

      Kent Valley Industrial Space Available

      71,332 SF industrial space for lease in Kent Valley.
      6205-6305 S 231St St, Kent, WA 98032
      View Details
    • Contact for pricing
      65,858 SF

      Kent Industrial Building For Sale

      65,858 SF industrial building with freeway access in Kent.
      7036 S 190Th St, Kent, WA 98032
      View Details

    FAQs

    What type of property is this?
    Land - Large land parcel available in Kent, Washington.
    Where is this land located?
    The property is located at 22400 64Th Ave S Kent, WA.
    What are key features of this property?
    This property features: - Tax ID # 112204905908
    (206) 224-9922 Call to check price and availability
    Request Owner's contact information
    22400 64Th Ave S Kent, WA 98032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22400 64Th Ave S
    Kent, WA 98032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22400 64Th Ave S Kent, WA 98032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John King
    (206) 224-9922
    Learn more
    Google sign-in failed. Please try again or use another login method.