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Property profile

10201 SE 240Th St Kent, WA 98030

FOR LEASE
Outlet malls
Property ID
US90-0915841
166,593 SF 12.77 ac lot Built 1988
Last sale Jun 2013 · $13,380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A multi-level retail and garden center facility built in 1988, configured for both customer merchandising areas and back-of-house operations. The building includes 149,769 square feet on the first floor, 16,377 square feet on the second floor, and an additional 8,080 square feet dedicated to a garden center component. The property is located at 10201 Southeast 240th Street, Kent, WA 98031. The facility is served by three dock-high doors and includes 631 on-site parking stalls. The layout…

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?
$159k
Tax billed · 2022
Assessed value$13.47M
Assessed land$9.46M
Assessed improvement$4.02M
Effective rate1.18%

Value estimate

· Oct 2026
$18.36M
$16.52M – $20.19M
NOI build-up
Gross scheduled income$3.67M
Vacancy & credit loss−$165k
Operating expenses−$1.05M
NOI · 13,631,927.78% cap applied$2.45M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
13,631,927.78%
$2.45M 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?
CC
The purpose of the CCdistrictis to provide areas for limited commercial activities that serve several residential neighborhoods
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.0
Electrical Service11.8
Parking Facility11.8

Location

10201 SE 240Th St Kent, WA 98030
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
Research This Page with AI

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

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

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