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Property profile

8825-8835 228Th St Kent, WA 98031

OFF-MARKET
Warehouses
24,543 SF Built 1969
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1969
Total area 24,543 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8825-8835 228Th St Kent, WA 98031
Kent metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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