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    26047 116Th Ave SE Kent, WA 98030

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    For Sale
    $1,999,999

    Land with exceptional visibility at a signalized intersection in Kent.

    Lot size:
    0.94 Acres

    Property Features for 26047 116Th Ave SE

    General Information

    Lot size
    0.94 Acres

    Source: Ayers Commercial Group Agent Jeff Ayers

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

    Overview

    Kent Land with High Visibility

    This property is located at the northwest corner of the signalized intersection of SE Kent Kangley Rd (Hwy 516) and 116th Ave SE in Kent. The property offers exceptional visibility with approximately 40,000 daily traffic count. While access is limited to right-in-right-out on 116th Ave SE, the property has about 30,000 buildable square feet. It is located across the street from Starbucks, Sonic, and 7-Eleven. Potential uses include banks with drive-throughs, QSR/Coffee (special use permit required), townhomes, apartments (as part of a mixed-use development), daycare, senior housing, and EV charging stations. The highest and best use is for a bank or QSR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Teacher's Child Care ... Day Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.1873
    Latitude
    47.3678469

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    FAQs

    What type of property is this?
    Commercial land - Land with exceptional visibility at a signalized intersection in Kent.
    Where is this commercial land located?
    The property is located at 26047 116Th Ave SE Kent, WA.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - Exceptional visibility at the signalized intersection of SE Kent Kangley Rd (Hwy 516) and 116th Ave SE.; - High traffic count of approximately 40,000 vehicles daily.; - Located across the street from established businesses: Starbucks, Sonic, and 7-Eleven.
    (425) 275-2406
    Request Owner's contact information
    26047 116Th Ave SE Kent, WA 98030
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    Kent, WA 98030
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    Realmo Value Estimation

    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.

    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.

    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
    26047 116Th Ave SE Kent, WA 98030
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