Technical
Financial
Distress signals
Property profile

22711 88th S Ave Kent, WA 98031

OFF-MARKET
Warehouses
Property ID
US90-0857363
16,478 SF 1.64 ac lot Built 1998
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,478 SF
Lot 1.64 ac (71,374 SF)
Zoning code I1
APN 775880-0032
UPID US90-0857363

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22711 88th S Ave Kent, WA 98031
Kent metro Census 29208 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.89M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
1998
Price N/A
1996
$315,000
1996
$265,000
1994
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Kent, WA
Zoning description

The I1 industrial business district consists of areas of high opportunity for the city in terms of employment, revenue, and placemaking

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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