Transit-Oriented Commercial
For Sale
Contact for pricing
2703 S 240th St, Kent, WA 98032
MTC-1-zoned land spans three contiguous parcels with frontage on four streets.
Property Size2 SF
Lot Size2.89 Acres
Days on Market45
Property Features for 2703 S 240th St
General Information
Standard status
Active
Size
2 SF
Lot size
2.89 Acres
Property subtype
LAND
Listing Agency:
Colliers International WA, LLC
(206) 351-7656
Listed By:
Sam Wayne
(206) 351-7656
Source:
Moodyscre
Added: Jun 29
Changed: Aug 10
Last Checked: Aug 12 at 12:17PM
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 Colliers International WA, LLC
Investment Insights
Based on property information with market context.
This commercial land offering includes approximately 126,000 square feet, or 2.89 acres, held in single ownership across three contiguous parcels. The property carries MTC-1 zoning and provides frontage on four streets, creating a substantial development site within Kent’s Midway subarea.
The site is located along the Pacific Highway corridor and sits under half a mile from the Kent-Des Moines Link light rail station, which opened for revenue service in December 2025. It is also within one of two areas designated by the City of Kent for the multifamily property tax exemption.
The site is located along the Pacific Highway corridor and sits under half a mile from the Kent-Des Moines Link light rail station, which opened for revenue service in December 2025. It is also within one of two areas designated by the City of Kent for the multifamily property tax exemption.
Key Highlights
- Approximately 126,000 square feet (2.89 acres) of MTC‑1‑zoned land
- Single ownership across three contiguous parcels
- Frontage on four streets
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 98032, WA
38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - MTC-1-zoned land spans three contiguous parcels with frontage on four streets.
Where is this commercial land located?
The property is located at 2703 S 240th St Kent, WA.
What are key features of this property?
This property features: Approximately 126,000 square feet (2.89 acres) of MTC‑1‑zoned land; Single ownership across three contiguous parcels; Frontage on four streets
