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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

24437 Russell Rd Kent, WA 98032

44,550 SF Built 1990
Property ID
Property summary
AI-generated overview

This exceptional commercial property, known as Plaza By The Green, presents a unique investment opportunity in the thriving Kent Valley submarket of Kent, Washington. The property encompasses three buildings totaling 44,550 square feet, situated on a generous 4.8-acre lot. Currently, 2,424 square feet of office space is available for lease, ideal for a variety of businesses. The complex boasts 178 parking spaces, ensuring ample convenience for tenants and their clients. Built in 1990, the Class B property is zoned GC and features a multi-tenant occupancy. Its strategic location within the Riverbend Golf Complex, at the intersection of West Meeker Street and Russell Road, offers high visibility and accessibility. The property benefits from its proximity to the Kent retail corridor, Showare Center, and downtown Kent, providing excellent access to a large customer base. The surrounding area includes a diverse mix of hotels, services, retail establishments, and restaurants, creating a vibrant and dynamic commercial environment. The property's address is 24437 Russell Rd, Kent, WA 98032, with the APN number 232204-9088. This is a rare opportunity to secure a well-located, established commercial property in a rapidly growing area. The former Shari's Restaurant space is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 44,550 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
Current use
Occupant on record · Public records
  • Basic Steps Learning Center Tutoring Service
  • The Harp Bar and Restaurant Bar & Pub Nightclub
  • ATM Atm
  • PSE Up & Go Charging Station Electric Vehicle Charging Station
  • Multi-Service Center - Kent Office Charitable Organization Social Service Agency
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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