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    27013 176Th Pl Covington, WA 98042

    • Commercial real estate
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0505152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 27013 176Th Pl

    Property type
    Commercial real estate

    Description

    This exceptional 20,568 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Covington, Washington. Located at 27013 176 Pl SE, 98042, this property boasts a highly desirable location within King County, offering convenient access to a wealth of amenities and attractions. The area is characterized by its strong local economy and rapidly expanding population, creating a fertile ground for future development. Situated near the scenic Lake Meridian, the property benefits from the natural beauty and recreational opportunities this picturesque setting provides. Furthermore, its proximity to shopping centers, restaurants, and local businesses enhances its appeal and potential for a variety of commercial ventures. The welcoming atmosphere and vibrant community of Covington add to the overall attractiveness of this investment. This expansive lot provides ample space for a wide range of commercial developments, making it an ideal opportunity for discerning investors seeking a prime location in a flourishing market. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a piece of Covington's vibrant future.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    King
    State
    Washington
    Longitude
    -122.1069121
    Latitude
    47.3592777

    Comparable in this City

    • Contact for pricing
      19.74 Acres

      Covington Industrial Center

      93,600 SF Industrial Building, 19.74 Acres
      27631 Covington Way, Covington, WA 98042
      View Details
    • $769,000

      Land in Town Center Zoning

      Land suitable for day care, office, or mixed-use development.
      17018 SE Wax Rd, Covington, WA 98042
      View Details
    • $1,500,000
      20,568 SF

      Professional Office Land Available

      Land with permits imminent, adjacent to Walmart entrance.
      27013-27019 176Th Pl SE, Covington, WA 98042
      View Details
    • $1,350,000

      Kent Land with Development Potential

      3.82 acres of CC zoned land with development potential.
      15326 SE 272Nd St, Kent, WA 98042
      View Details
    • $279,500
      2.51 Acres

      Kent 2.51-Acre Residential Land

      Build your dream home on this peaceful, fenced lot.
      228xx 178Th Ave, Kent, WA 98042
      View Details
    • $145,000

      Kent Land Parcel Opportunity

      Raw land in fast-growing Kent area, priced below value.
      23110 132Nd Ave SE, Kent, WA 98042
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19.74 Acres

      Covington Industrial Center

      93,600 SF Industrial Building, 19.74 Acres
      27631 Covington Way, Covington, WA 98042
      View Details
    • $769,000

      Land in Town Center Zoning

      Land suitable for day care, office, or mixed-use development.
      17018 SE Wax Rd, Covington, WA 98042
      View Details
    • $1,500,000
      20,568 SF

      Professional Office Land Available

      Land with permits imminent, adjacent to Walmart entrance.
      27013-27019 176Th Pl SE, Covington, WA 98042
      View Details
    • $1,350,000

      Kent Land with Development Potential

      3.82 acres of CC zoned land with development potential.
      15326 SE 272Nd St, Kent, WA 98042
      View Details
    • $279,500
      2.51 Acres

      Kent 2.51-Acre Residential Land

      Build your dream home on this peaceful, fenced lot.
      228xx 178Th Ave, Kent, WA 98042
      View Details
    • $145,000

      Kent Land Parcel Opportunity

      Raw land in fast-growing Kent area, priced below value.
      23110 132Nd Ave SE, Kent, WA 98042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      36,900 SF

      Land Near Trader Joe's

      Undeveloped land suitable for retail uses near Trader Joe's.
      27006 132Nd Ave SE, Kent, WA 98042
      View Details
    • Contact for pricing
      1,531 SF

      Retail Space in Kent, WA

      Retail space available for rent in Kent, Washington.
      16735 SE 272Nd St, Kent, WA 98042
      View Details
    • $3,700 /Mo
      2,550 SF

      Maple Hills Home with Modern Amenities

      Spacious 4-bedroom home in Maple Hills, available for rent.
      20438 SE 256Th St, Covington, WA 98042
      View Details
    • Contact for pricing
      247,409 SF

      Class A Industrial Building

      247,409 SF industrial building with excellent highway access.
      28009 Covington Way SE, Covington, WA 98042
      View Details
    • Contact for pricing
      2,043 SF

      Retail Space in Covington, WA

      Retail property available for lease in Covington, Washington.
      27027-27193 185Th Ave SE, Covington, WA 98042
      View Details
    • Contact for pricing
      2,940 SF

      Retail Space in Covington, WA

      Retail space available for lease in Covington, Washington.
      17023 SE 272Nd St, Covington, WA 98042
      View Details
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    27013 176Th Pl
    Covington, WA 98042
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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
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