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Property profile & analytics
OFF-MARKET
Parking lots & garages
1035 Central S Ave Kent, WA 98032
Entity Owned
6-yr Hold
Free & Clear
Property ID
US90-1908317
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1950
Construction
WOOD FRAME
Total area
448 SF
Lot
0.47 ac (20,351 SF)
Zoning code
CM
APN
000660-0040
UPID
US90-1908317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ngu Family Investment LLC · 6 yrs held
Ngu Family Investment LLC
since 2019
7 recorded transactions
Zoning & alternative use
CM · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,944
Tax year 2022
Assessed value
$476,400
Assessed 2022
Previous assessed
$476,400
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$376,400
Assessed improvement
$100,000
Land market value
$376,400
Improvement market value
$100,000
Total market value
$476,400
Applied tax rate
1,526.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
448 SF
Lot
0.47 ac (20,351 SF)
Zoning code
CM
APN
000660-0040
UPID
US90-1908317
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CM · Kent, WA
Zoning CM · permitted uses
CM · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Ngu Family Investment LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 3172, RENTON, WA 98056-0008
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2019
—
Ngu Family Investment LLC
Minh Ngu
Quit Claim Deed
related
—
Jul 25, 2005
$400,000
Minh Ngu
Tu,tu N
Warranty Deed
$300,000 · Washington First Int'l Bank
Mar 29, 2000
$229,900
Tu N Tu
Boyd Real Estate Investment In
Grant Deed
$160,000 · United Savings & Loan Bank
Sep 1, 1999
$148,917
Boyd Real Estate Investments
Carr Auto Centers INC
Trustees Deed
—
Aug 13, 1999
$208,669
Verla M Ferguson
Justice,velma M
Trustees Deed
—
Apr 14, 1995
$475,000
Carr Auto Centers INC
Justice,verla M
Grant Deed
$300,000 · Individual
Mar 12, 1991
$160,000
Gerald M Willits
Pettigrew,donald
Grant Deed
$158,000 · Pettigrew Donald F
—
—
Tu N Tu
—
Deed Of Trust
related
$143,200 · United Savings & Loan Bank
—
—
Carr Auto Centers INC
—
Deed Of Trust
related
$94,501 · Rjc INC
—
—
Carr Auto Centers INC
—
Deed Of Trust
related
$85,000 · Individual
—
—
Carr Auto Centers INC
—
Deed Of Trust
related
$100,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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