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Financial
Distress signals
Property profile

232 Railroad S Ave Kent, WA 98032

OFF-MARKET
Other industrial properties
Property ID
US90-1501846
5,088 SF 0.41 ac lot Built 1946
Last sale May 2018 · $995,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Warehouse space located at 232 Railroad Ave S in Kent, Washington, providing approximately 5,088 square feet of indoor area suitable for warehouse or industrial uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value$879k
Assessed land$396k
Assessed improvement$483k
Effective rate1.11%

Value estimate

· Oct 2026
$760k
$684k – $836k
CAP approach$745k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$192 – $604
Qualifying comparables3

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?
DCE
The purpose of thisdistrictis to encourage and promote higher density development and a variety and mixture of compatible retail, commerc...
General categoryCIVIC_INSTITUTIONAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.3
Tailor Shop9.2
Pet Grooming Service9.0

Location

232 Railroad S Ave Kent, WA 98032-5939
County assessor Recorded deeds · 8 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
848 3rd S, Kent, WA 98032-6128 $3,625,000 Aug 2025 11,200 SF
19200 66th S, Kent, WA 98032 $43,626,743 Sep 2024 8,609 SF
6601 190th, Kent, WA 98032 $43,626,743 Sep 2024 11,465 SF
5850 228th, Kent, WA 98032-1810 $5,662,670 Sep 2024 5,724 SF
1012 Central S, Kent, WA 98032-6103 $11,355,000 Jun 2024 18,081 SF
405 Washington N, Kent, WA 98032-4435 $1,500,000 May 2024 7,000 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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