Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10235 260th St Kent, WA 98030-7604

    • Office buildings
    • 3,486 SF
    • 0.25 lot acres
    OFF-MARKET
    Last Sale
    Feb 22, 2025
    $1,150,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1135083
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Valley Glass / Glass Cutting Service / Glass Shop

    Property Details for 10235 260th St

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    3,486 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    292205-9208
    APU
    2922059208

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.203
    Latitude
    47.3686
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,606
    $259,200
    $246,300
    $505,500
    -
    $259,200
    $246,300
    $505,500

    Comparable in this City

    • Value Estimation by Request
      2,280 SF

      25005 104th SE Ave

      OFFICE BUILDING • 2,280 SF
      25005 104th SE Ave, Kent, WA 98030-6440
      View Details
    • Value Estimation
      $1,060,000
      6,562 SF

      8407 259th St

      OFFICE BUILDING • 6,562 SF
      8407 259th St, Kent, WA 98030-7535
      View Details
    • Value Estimation
      $1,520,000
      4,756 SF

      25607 101st SE Ave

      OFFICE BUILDING • 4,756 SF
      25607 101st SE Ave, Kent, WA 98030-6411
      View Details
    • Value Estimation
      $5,520,000
      35,854 SF

      1851 Central S Pl

      OFFICE BUILDING • 35,854 SF
      1851 Central S Pl, Kent, WA 98030-7514
      View Details
    • Value Estimation by Request
      768 SF

      1005 Reiten Rd

      OFFICE BUILDING • 768 SF
      1005 Reiten Rd, Kent, WA 98030-6212
      View Details
    • Value Estimation by Request
      1,920 SF

      12607 248th St

      OFFICE BUILDING • 1,920 SF
      12607 248th St, Kent, WA 98030-5003
      View Details

    Similar Nearby for Sale

    • $4,200,000

      Kent Office/Medical Property For Sale

      Office/medical property with owner financing and high visibility.
      24401 104Th Ave SE, Kent, WA 98030
      View Details
    • $1,250,000

      Versatile Commercial Space, Kent Location

      High-visibility commercial space suitable for medical or professional uses.
      10834 SE Kent Kangley Rd, Kent, WA 98030
      View Details
    • $1,999,999

      Kent Land with High Visibility

      Land with exceptional visibility at a signalized intersection in Kent.
      26047 116Th Ave SE, Kent, WA 98030
      View Details
    • Contact for pricing
      0.17 Acres

      Downtown Kent Commercial Lot Lease

      7,200 SF Fenced Lot - Prime Location
      321 State Ave, Kent, WA 98030
      View Details
    • $2,262,095
      41,129 SF

      Prime Kent Retail Land Opportunity

      High-traffic corner lot, 41,129 SF, $2.2M
      26047 116Th Ave, Kent, WA 98030
      View Details
    • $200,000

      Acre of Land For Sale

      One acre of land with utilities available in street.
      11730 Se 277Th Pl, Kent, WA 98030
      View Details

    Similar Nearby for Lease

    • $6,345,550
      2,595 SF

      Office Space in Benson Neighborhood

      2,595 SF office space for lease in Kent, WA.
      25012-25022 104Th Ave SE, Kent, WA 98030
      View Details
    • $15 SF/Yr
      30,476 SF

      Kent WA Professional Office Space

      Professional office suites available for lease in Kent, Washington.
      1851 Central Pl S, Kent, WA 98030
      View Details
    • $14 SF/Yr
      14,667 SF

      Kent Office, Medical, Retail Space

      Versatile space near Kent Station and Sounder Commuter Rail.
      403 W Meeker St, Kent, WA 98030
      View Details
    • Contact for pricing
      8,245 SF

      Kent Warehouse with Fenced Yard

      Warehouse/yard space with office, grade doors, and fenced yard.
      8316-8330 S 259Th St, Kent, WA 98030
      View Details
    • Contact for pricing
      86,909 SF

      Canyon Ridge Plaza Retail Space

      Kent, WA retail space for lease. Multiple units available.
      104th 260Th St, Kent, WA 98030
      View Details
    • Contact for pricing
      2,496 SF

      Kent Retail Opportunity on 104th

      2,496 SF building suitable for QSR or retail use.
      24228-24236 104Th Ave SE, Kent, WA 98030
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10235 260th St
    Kent, WA 98030-7604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.