8825-8835 228Th St Kent, WA 98031
This exceptional 24,543 square foot industrial campus in Kent, WA, offers a unique investment opportunity. Comprised of five buildings constructed between 1969 and 2005, with renovations completed in 2013, this property sits on a 1.32-acre lot (57,650 sq ft) and boasts six dock-high doors. The property is zoned CM-1 Commercial Manufacturing 1 District, allowing for diverse uses including manufacturing, distribution, assembly, storage, and office space. Features include heavy power (estimated 4,000 amps, 480/277v, 3-phase), a fully fenced perimeter with two gated entrances, and ample yard space. The seller is open to demolishing some buildings to increase yard area, presenting further development potential. This prime location offers easy access to SR-167 (Valley Freeway) and the Central Ave/S. 228th St. interchange. The asking price is $5,750,000. This is an ideal property for businesses seeking a versatile and strategically located industrial facility. The APN is 1822059266 & 1822059273.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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