Property profile

235 1st S Ave Kent, WA 98032

OFF-MARKET
Retail space
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Property ID
US90-0167118
11,440 SF 0.37 ac Built 1906
Last sale Nov 2025·$3,328,400
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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 · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value · 2023$2.64M
Assessed land$324k
Assessed improvement$2.32M
Effective rate1.34%

Value estimate

· Nov 2026
$2.59M
$2.33M – $2.85M
CAP approach$2.59M

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 399 recorded sales of this use type
Observed band · Q1–Q3$181 – $680
Qualifying comparables21

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?
DC
It is the purpose of the DCdistrictto provide a place and create environmental conditions which will encourage the location of dense and ...
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

235 1st S Ave Kent, WA 98032-5955
County assessor Recorded deeds · 6 transfers 21 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25444 Pacific S, Kent, WA 98032-5520 $5,875,000 Sep 2025 16,000 SF
19253 84th S, Kent, WA 98032 $4,500,000 Feb 2025 11,800 SF
216 Railroad N, Kent, WA 98032-4533 $1,375,000 May 2022 6,600 SF
1415 Central S, Kent, WA 98032-7421 $10,746,000 Jul 2021 6,000 SF
18126 Vly, Kent, WA 98032-1001 $2,735,000 Dec 2019 14,400 SF
1015 Central N, Kent, WA 98032-3045 $4,100,000 Oct 2019 22,320 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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