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Kent Land Development Opportunity
For Sale
$225,000

24115 132nd Avenue #1, Kent, WA 98005

Development potential in growing Kent location near Meridian Valley Country Club.

Property SizeContact for details
Days on Market518

Property Features for 24115 132nd Avenue #1

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,762
Listing Agency: CEDARLAND GROUP
Listed By: JESSE CEDARLAND
Source: Corcoran
Added: May 29, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CEDARLAND GROUP

Rey
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Investment Insights

Based on property information with market context.

This 16,200 sq ft level lot presents an excellent opportunity for builders and investors in a growing Kent location near Meridian Valley Country Club. The property offers strong development potential with SR-6 zoning. Water, sewer, and power are available on site. Sidewalk, curb, gutter and streetlights are installed, with gas, phone and cable available. Situated just east of Kent’s East Hill, the property combines a quiet, semi-rural setting with fast access to major commuter routes, being just minutes from Hwy 167, with easy connections to Hwy 18, I-405, and I-5. Nearby amenities include retail centers, restaurants, schools, and recreation, enhancing the appeal for future buyers or tenants.

Key Highlights

  • 16,200 sq ft level lot with strong development potential due to SR‑6 zoning.
  • Utilities (Water, Sewer, Power) are on site and ready for connection.
  • Sidewalk, curb, gutter, and streetlights are already installed.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 98005, WA

20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Development potential in growing Kent location near Meridian Valley Country Club.
Where is this commercial land located?
The property is located at 24115 132nd Avenue #1 Kent, WA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 16,200 sq ft level lot with strong development potential due to SR‑6 zoning.; Utilities (Water, Sewer, Power) are on site and ready for connection.; Sidewalk, curb, gutter, and streetlights are already installed.
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