Property profile

8041 228th St Kent, WA 98032

OFF-MARKET
Warehouses
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Property ID
US90-3007464
41,455 SF 2.54 ac Built 1989
Last sale Sep 2024·$10,180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$81k
Tax billed · 2024
Assessed value · 2023$6.75M
Assessed land$2.57M
Assessed improvement$4.18M
Effective rate1.20%

Value estimate

· Nov 2026
$10.18M
$9.16M – $11.20M
AI approach$10.18M
CAP approach$7.39M
Submarket $/SF estimate$9.68M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$180 – $342
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I2
The I2 mixed industrialdistrictis intended to accommodate a range of small, moderate and large scale industrialusesand activities with mo...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.1
HVAC Service9.5
Pharmacy9.4

Location

8041 228th St Kent, WA 98032-2919
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7010 188th, Kent, WA 98032-1055 $7,540,000 Jul 2025 25,200 SF
22613 76th S, Kent, WA 98032-1922 $8,800,000 Nov 2024 46,770 SF
4520 B NW, Kent, WA 98032 $4,600,000 Oct 2024 52,530 SF
7620 192nd, Kent, WA 98032-1182 $11,970,000 Sep 2024 66,500 SF
5858 194th, Kent, WA 98032-2126 $11,700,000 May 2024 46,742 SF
19845 78th S, Kent, WA 98032 $7,650,000 Apr 2024 39,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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