20610 68th S Ave Kent, WA 98032-2360
Property profile & analytics
20610 68th S Ave Kent, WA 98032-2360
- Office buildings
- 81,464 SF
- 5.54 lot acres
Property ID
US90-1454862
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fidelity Iff / Computer & Electronic Repair / (Bike/Boat/Book/etc) Store
Property Details for 20610 68th S Ave
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 5.54 lot acres
- Property size
- 81,464 SF
- Zone code
- I1
- Property type
- Office buildings
- APN
- 012204-9021
- APU
- 122049021
Description
The KCP Building, a Class A, 81,464 square-foot office building in Kent, Washington, presents a compelling investment opportunity. This vacant, two-story structure, built in 1983 and renovated in 2003, sits on a substantial 5.54-acre lot (APN: 012204-9021) zoned I1 (Industrial 1), offering significant redevelopment potential. Located at 20610 68th Ave S, Kent, WA 98032, the property boasts a prime location within the desirable Kent Valley submarket, neighboring the consistently fully occupied Centerpoint Office Park. The asking price is $14,200,000, translating to $174.31 per square foot. Previously occupied by Boeing Employees Credit Union, this building offers a high-end build-out, making it attractive for owner-users or investors seeking a strong, stable asset with potential for future development. The property's size and zoning present a unique opportunity in a robust economic environment. This is a below-replacement-cost opportunity in a strong submarket with a corporate presence. The substantial lot size and I1 zoning provide unparalleled flexibility for future development plans. This is a rare chance to acquire a significant asset in a thriving location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $17,663,000
Market price range: $17.7M - $32.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $21,210,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.249
- Latitude
- 47.417
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$134,914
$5,443,100
$6,891,100
$12,334,200
-
$5,443,100
$6,891,100
$12,334,200
