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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Office buildings
19400 108th SE Ave, Kent, WA 98031-0108
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1069412
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
7,060 SF
Lot
0.69 ac (30,090 SF)
Zoning code
CC-MU
APN
662340-0169
UPID
US90-1069412
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
-
Kent Eye Clinic Eye Care Center Contact Lenses Supplier
-
Renton Sports and Spine Physical Therapy Medical Clinic
-
Sarah Steckel Physician
-
Denise Hayes Physician
-
Charles Srisatayasunton Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.68M
Owner & transaction history
Kdt Investors LLC · 2 yrs held
Kdt Investors LLC
since 2023
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
CC-MU · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.8M
+59.7%
Retail stores
$2.8M
+58.6%
Industrial (general)
$2.7M
+54.1%
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
$1,695,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
$2,465,000
6.5%
$2,275,000
7%
$2,110,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,745,000
Current use
MEDICAL BUILDING
$2,790,000
Change: +60% · Conversion: Easy
RETAIL STORES
$2,770,000
Change: +59% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,690,000
Change: +54% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,450,000
Change: +40% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,440,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.83M (Jul 31 2023)
Last sale anchor
$1.83M
Jul 31 2023
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
$237 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$15,207
Tax year 2022
Assessed value
$1,429,700
Assessed 2022
Previous assessed
$1,429,700
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$451,300
Assessed improvement
$978,400
Land market value
$451,300
Improvement market value
$978,400
Total market value
$1,429,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
GAS
Cooling
AC.PACKAGE
Stories
2
Total area
7,060 SF
Lot
0.69 ac (30,090 SF)
Zoning code
CC-MU
APN
662340-0169
UPID
US90-1069412
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC-MU · Kent, WA
Zoning 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
Kent. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2004
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Kdt Investors LLC
Entity
Mailing address
16020 SE 144TH ST, RENTON, WA 98059-7512
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$1,825,000
Kdt Investors LLC
Susan Marie Ruth
Personal Representative Deed
—
Aug 17, 2005
$200,000
William E Ruth
Ruth,john W
Grant Deed
—
Aug 17, 2005
—
Ruth Commercial Properties LLC
Ruth,william E
Quit Claim Deed
—
—
—
Ruth Commercial Properties LLC
—
Deed Of Trust
related
$1,000,000 · Washington Mutual Fsb
—
—
Ruth Commercial Properties LLC
—
Deed Of Trust
related
$810,000 · Miscellaneous Ins Co
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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