Financial
Distress signals
Property profile

307 Lincoln Ave Kent, WA 98032

OFF-MARKET
Commercial land
Property ID
US90-0157443
3,690 SF 0.32 ac lot Built 1977
Last sale Oct 2018 · $500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

307 N Lincoln Avenue is an entitled residential development site in Kent, Washington, approved for a 45-unit project comprising 15 townhouses and 30 traditional apartments. The site is positioned to provide commuter access via nearby Interstate 5, State Route 167, and State Route 516, and is located in a walkable area with services and amenities within walking distance to Kent Station. The property is configured as a development site with an approved unit layout defining the townhouse-and-apartment mix.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value$275k
Assessed land$275k
Effective rate4.55%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$340k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$101 – $464
Qualifying comparables8

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?
DCE
The purpose of thisdistrictis to encourage and promote higher density development and a variety and mixture of compatible retail, commerc...
General categoryCIVIC_INSTITUTIONAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.3
Laundry Service9.2
Tailor Shop9.2

Location

307 Lincoln Ave Kent, WA 98032-4411
County assessor Recorded deeds · 9 transfers 8 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
300 Meeker, Kent, WA 98032-5819 $347,000 Apr 2024 7,620 SF
308 Meeker, Kent, WA 98032-5819 $347,000 Mar 2024 6,660 SF
24408 Pacific S, Kent, WA 98032-4080 $665,000 Jul 2023 4,088 SF
102 Titus, Kent, WA 98032-5912 $420,000 Dec 2022 2,040 SF
Kent, WA 98032 $1,325,000 Apr 2022 1,270 SF
640 Central S, Kent, WA 98032-6111 $3,240,000 Jan 2022 1,152 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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