12633 270Th St Kent, WA 98030
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.
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TCB Inc Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.