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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Medical Office Space
10615 256th St Kent, WA 98030-6809
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3262274
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1968
Construction
FRAME
Total area
9,354 SF
Lot
0.9 ac (39,107 SF)
Zoning code
CC
APN
292205-9076
UPID
US90-3262274
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
Current use
Occupant on record · Public records
-
Woodridge Property Management Company
-
Falis Charitable Organization Social Service Agency
-
Bell Anderson & Associates LLC Property Management Company
-
Red Oaks Homeowners Association Association Or Organization
-
Veer Tax Group, LLC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.80M
Owner & transaction history
East Hill Realty LLC · 2 yrs held
East Hill Realty LLC
since 2024
Last sale
$1.8M
1 recorded transaction
Zoning & alternative use
CC · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the CCdistrictis to provide areas for limited commercial activities that serve several residential neighborhoods
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
294.92 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$1,800,000
ML approach
$1,800,000
CAP Approach
CAP Return
Estimation
6%
$2,255,000
6.5%
$2,080,000
7%
$1,930,000
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (May 1 2024)
Last sale anchor
$1.80M
May 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$26,846
Tax year 2024
Assessed value
$2,337,800
Assessed 2023
Previous assessed
$2,337,800
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$782,100
Assessed improvement
$1,555,700
Land market value
$782,100
Improvement market value
$1,555,700
Total market value
$2,337,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
9,354 SF
Lot
0.9 ac (39,107 SF)
Zoning code
CC
APN
292205-9076
UPID
US90-3262274
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Kent, WAZoning CC · permitted uses
CC · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the CCdistrictis to provide areas for limited commercial activities that serve several residential neighborhoods
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
294.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
East Hill Realty LLC
Entity
Mailing address
27035 52ND AVE S, KENT, WA 98032-7220
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$1,800,000
East Hill Realty LLC
Chinook Associates LLC
Warranty Deed
$1,350,000 · Chinook Associates LLC
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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