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Property profile & analytics
OFF-MARKET
Warehouses

8825-8835 228Th St Kent, WA 98031

24,543 SF Built 1969
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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