Property profile

17239 272nd St Covington, WA 98042

OFF-MARKET
Turn key restaurants
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Property ID
US90-1717492
2,674 SF 0.27 ac Built 1997
Last sale Jan 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value$1.36M
Assessed land$351k
Assessed improvement$1.00M
Effective rate1.08%

Value estimate

· Nov 2026
$360k
$324k – $396k
AI approach$290k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$531/SF
County average, outlier-cleaned · 227 recorded sales of this use type
Observed band · Q1–Q3$245 – $915
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TC
Town center TC is the pedestrian oriented core of downtown and allows the most intensive level of development The emphasis of this zone i...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Parking Facility13.6
Auto Repair Shop13.5

Location

17239 272nd St Covington, WA 98042-4900
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16703 272nd, Covington, WA 98042-4942 $3,250,000 Oct 2021 3,292 SF
16405 272nd, Covington, WA 98042-8211 $1,916,666 Apr 2020 396 SF
27103 185th SE, Covington, WA 98042-8419 $37,370,564 Nov 2019 4,520 SF
27193 185th SE, Covington, WA 98042-8419 $37,370,564 Nov 2019 5,164 SF
27112 167th SE, Covington, WA 98042-7378 $25,032,000 Sep 2019 4,014 SF
15209 272nd, Kent, WA 98042-4223 $2,168,000 Aug 2019 2,479 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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