Property profile

10218 240th St Kent, WA 98031

OFF-MARKET
Turn key restaurants
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Property ID
US90-1497875
4,029 SF 0.48 ac Built 1976
Last sale Sep 2016·$1,710,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 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?
$8k
Tax billed · 2022
Assessed value$737k
Assessed land$500k
Assessed improvement$237k
Effective rate1.11%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$300k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$531/SF
County average, outlier-cleaned · 227 recorded sales of this use type
Observed band · Q1–Q3$245 – $915
Qualifying comparables12

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?
CC-MU
The purpose of the CCdistrictis to provide areas for limited commercial activities that serve several residential neighborhoods. It is al...
General categoryMIXED_USE
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 Firm25.1
Building Supply15.0
Parking Facility14.7

Location

10218 240th St Kent, WA 98031-4894
County assessor Recorded deeds · 3 transfers 12 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
10231 240th, Kent, WA 98031-4895 $33,072 Jun 2025 5,234 SF
20746 108th SE, Kent, WA 98031-5548 $52,404 Jun 2025 2,288 SF
23911 104th SE, Kent, WA 98031-3312 $24,640 Nov 2024 2,724 SF
20855 108th SE, Kent, WA 98031-2176 $420,000 Sep 2024 825 SF
23636 104th SE, Kent, WA 98031-3316 $6,300,000 Aug 2022 21,080 SF
23641 104th SE, Kent, WA 98031-3315 $2,525,000 May 2020 10,000 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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