Property profile

1002 Central Ave N Kent, WA 98031

FOR SALE
Retail space
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Property ID
US90-1500514
6,400 SF 0.76 ac Built 1975
Last sale Jul 2003·$660,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
1002 Central Ave N, Kent, WA 98031 For Sale
Contact for pricing 6,400 SF
1002 Central Ave N, Kent, WA 98031
View Listing

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?
$12k
Tax billed · 2022
Assessed value$1.03M
Assessed land$622k
Assessed improvement$410k
Effective rate1.12%

Value estimate

· Nov 2026
$1.15M
$1.04M – $1.27M
CAP approach$1.45M
NOI build-up
Gross scheduled income$141k
Vacancy & credit loss−$6k
Operating expenses−$40k
NOI · 3.61% cap applied$94k

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

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 399 recorded sales of this use type
Observed band · Q1–Q3$181 – $680
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.61%
$94k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
The purpose and intent of the general commercial district is to provide for the location of commercial areas developed along certain majo...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.5
Laundry Service9.3
Dry Cleaner8.9

Location

1002 Central Ave N Kent, WA 98031
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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
125 Central N, Kent, WA 98032-4520 $360,000 Dec 2025 5,560 SF
6331 212th, Kent, WA 98032-2333 $6,000,000 Jul 2023 4,604 SF
216 Railroad N, Kent, WA 98032-4533 $1,375,000 May 2022 6,600 SF
23647 Pacific S, Kent, WA 98032-2713 $890,000 Feb 2022 4,020 SF
1415 Central S, Kent, WA 98032-7421 $10,746,000 Jul 2021 6,000 SF
809 Vly, Kent, WA 98032-2915 $825,000 Mar 2021 5,040 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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