Property profile

6111 S 228Th St Kent, WA 98032

FOR LEASE
Distribution centers
Saved · see the list in your Dashboard
Property ID
US90-1182506
228,356 SF 9.91 ac Built 1995
Last sale Dec 2024·$44,257,178
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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 · 2022

What does the county charge?
$512k
Tax billed · 2022
Assessed value$47.98M
Assessed land$8.64M
Assessed improvement$39.35M
Effective rate1.07%

Value estimate

· Nov 2026
$34.32M
$30.88M – $37.75M
CAP approach$40.67M

Realmo valuation models over county records and 5 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 comparables5

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?
I1
The I1 industrial business district consists of areas of high opportunity for the city in terms of employment, revenue, and placemaking
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.9
Dental Office18.7
Restaurant16.2

Location

6111 S 228Th St Kent, WA 98032
County assessor Recorded deeds · 7 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6838 234th, Kent, WA 98032-2904 $70,850,000 May 2024 178,400 SF
22408 76th S, Kent, WA 98032-2406 $106,100,000 Jul 2022 207,684 SF
22434 76th S, Kent, WA 98032-2406 $106,100,000 Jul 2022 182,000 SF
19826 Russell, Kent, WA 98032-1121 $44,515,000 Sep 2020 276,330 SF
20111 66th S, Kent, WA 98032-1172 $260,100,000 Jan 2020 171,111 SF
18430 Vly, Kent, WA 98032-1246 $16,877,148 Oct 2019 248,441 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved