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2705 S 240Th St Kent, WA 98032

For Sale
$10,995,000

2.89-acre development site near upcoming light rail station.

Lot size:
2.89 Acres

Property Features for 2705 S 240Th St

General Information

Lot size
2.89 Acres

Source: RE/MAX Northwest Realtors Agent Ricky Mouw

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


Overview

Transit-Oriented Development Land Opportunity

This 2.89-acre site, consisting of approximately 126,000 square feet of MTC-1 zoned land, is positioned near the corner of S 240th Street and Pacific Highway. The property is suitable for a range of development possibilities, including multifamily housing, affordable units, assisted living, age-restricted communities, and townhomes. Located within walking distance of the upcoming Kent–Des Moines light rail station, scheduled to open in 2026, this transit-oriented development offering is situated for transit-oriented redevelopment. As one of the few remaining large-scale redevelopment parcels along Pacific Highway, this site represents a development opportunity in a rapidly evolving corridor. Phase I has been completed. Parcel Numbers include 3603600330, 3603600450, and 3603600445.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

New Alaska Trailer ... Mobile Home Park

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Kent
County
King
State
Washington
Longitude
-122.2984204
Latitude
47.3861958

FAQs

What type of property is this?
Land - 2.89-acre development site near upcoming light rail station.
Where is this land located?
The property is located at 2705 S 240Th St Kent, WA.
What is the asking price?
The asking price for this property is $10,995,000.
What are key features of this property?
This property features: - 2.89-acre site zoned MTC-1, ideal for transit-oriented development.; - Located within walking distance of the upcoming Kent–Des Moines light rail station (opening in 2026).; - Flexible zoning supports multifamily housing, affordable units, assisted living, age-restricted communities, and townhomes.
More about this property
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