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Property profile & analytics
OFF-MARKET
Land

12633 270Th St Kent, WA 98030

Property ID
US90-1995418
Property summary
AI-generated overview

This exceptional 16.5-acre land parcel in Kent, Washington, presents a remarkable opportunity for high-density residential development. Located at 12633 SE 270th St, 98030, in King County, this property boasts over 900 feet of frontage on Kent-Kangley Road, offering excellent visibility and accessibility. Its prime location provides convenient access to shopping, dining, banking, entertainment, public transit, and major highways. The site's park-like setting, adjacent to a commercial corridor and surrounded by residential homes and condominiums, creates a desirable environment for future residents. Development potential includes the possibility of constructing a multi-story building with 210+ units, or alternatively, approximately 50 single-family homes. The asking price is $1,550,000. Buyers are responsible for verifying the feasibility of their proposed development plans. This is a rare chance to acquire a large, versatile parcel in a highly sought-after location with significant potential for substantial returns. The property's size and location make it an ideal investment for developers seeking to capitalize on the growing demand for residential housing in the Kent area. The property is zoned for residential use. Further due diligence is recommended.

Property profile
Verified
Property type Land
UPID US90-1995418
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
  • TCB Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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