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Property profile & analytics
OFF-MARKET
Estimated value
$4,600,000
Commercial real estate
10700 208th St Kent, WA 98031-5545
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-0757536
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,002 SF
Lot
1.34 ac (58,437 SF)
Zoning code
CC-MU
APN
052205-9031
UPID
US90-0757536
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
-
East Hill Driving School Training Center Vocational School
-
Erin K. Caviezel, DC Alternative Medicine Practice
-
Kent Vibraclean (Bike/Boat/Book/etc) Store
-
Patricia Y. Jitodai, OD Physician
-
Deli Oclock Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$4.60M
Owner & transaction history
King County
King County
since 2026
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
CC-MU · 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. It is also the purpose of thisdistrictto provide opportunities formixed use developmentwithin the designated mixeduseoverlay boundary, as designated by thecomprehensive plan
Zone name
Community Commercial And Mixed Use
General category
MIXED_USE
Zone area
301.35 ac
Source
Realmo
Top alternative use upside
Restaurant
$4.2M
+53.6%
Auto repair, garage
$3.7M
+32.9%
Medical building
$3.2M
+14.3%
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
$4,600,000
ML approach
$4,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,765,000
Current use
RESTAURANT
$4,245,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,675,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$3,160,000
Change: +14% · Conversion: Easy
RETAIL STORES
$3,140,000
Change: +14% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,050,000
Change: +10% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,775,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±10% · vs last sale $4.60M (Oct 8 2024)
Last sale anchor
$4.60M
Oct 8 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
$575 / 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
$47,430
Tax year 2024
Assessed value
$3,830,700
Assessed 2023
Previous assessed
$3,830,700
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,051,800
Assessed improvement
$2,778,900
Land market value
$1,051,800
Improvement market value
$2,778,900
Total market value
$3,830,700
Applied tax rate
1,519.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Buildings
2
Stories
1
Total area
8,002 SF
Lot
1.34 ac (58,437 SF)
Zoning code
CC-MU
APN
052205-9031
UPID
US90-0757536
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC-MU · Kent, WAZoning CC-MU · permitted uses
CC-MU · 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. It is also the purpose of thisdistrictto provide opportunities formixed use developmentwithin the designated mixeduseoverlay boundary, as designated by thecomprehensive plan
Zone name
Community Commercial And Mixed Use
General category
MIXED_USE
Zone area
301.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
RESTAURANT
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Buildings
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
King County
Entity
Mailing address
37415 SE 19TH PL S, FEDERAL WAY, WA 98003-7577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$1,066
King County
Chungs Real Company LLC
Warranty Deed
—
Oct 8, 2024
$4,600,000
Chungs Real Company LLC
John Mcintosh
Warranty Deed
$3,200,000 · Seattle Metropolitan Cu
Apr 17, 2024
$650,000
John E Mcintosh
Lisa Milburn
Warranty Deed
—
Dec 12, 2023
—
John Mcintosh
John Mcintosh
Intrafamily Transfer
related
—
Feb 9, 2023
—
John Mcintosh
Milburn & Mcintosh Ventures
Intrafamily Transfer
related
—
Jan 10, 2020
—
Milburn & Ventures Ventures
—
Deed
related
$500,000 · Us Bank NA
Nov 26, 2019
$3,680,000
Milburn & Mcintosh Venture
Hemmat Family LLC
Warranty Deed
—
Nov 20, 2019
—
Nabozny,snt Trust
Arie Nabozny
Quit Claim Deed
related
—
Nov 15, 2019
—
Arie Nabozny
208th Street Station LLC
Quit Claim Deed
related
—
Jan 4, 2006
—
208th Street Station LLC
Berg Jack & Eleanor Trust
Quit Claim Deed
related
$1,300,000 · Column Financial INC
Mar 27, 2002
—
Hsw Investments LLC
Wehl,hans U & Sharon W
Quit Claim Deed
related
—
Jan 25, 2000
—
Schwartz Trust
Schwartz,eugene & Barbara A
Quit Claim Deed
related
—
Nov 18, 1999
—
Hemmat Family LLC
Hemmat Trust
Quit Claim Deed
related
—
Jul 21, 1999
$1,625,000
Arie Nabozny
Whba Real Estate LP
Grant Deed
$1,250,000 · Key Bank NA
May 1, 1991
$1,343,193
Sang Hoon Lee
Commercial Prope
Grant Deed
—
—
—
Sang H Lee
—
Deed Of Trust
related
$7,000 · 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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