New search
Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Day care centers
24116 132nd SE Ave, Kent, WA 98042-5646
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-2359465
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2020
Construction
WOOD
Total area
10,192 SF
Lot
1.39 ac (60,531 SF)
Zoning code
CC
APN
222205-9053
UPID
US90-2359465
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
-
The Goddard School of Kent Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$570k
Owner & transaction history
City Of Kent · 7 yrs held
City Of Kent
since 2018
7 recorded transactions
Zoning & alternative use
CC · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$56 / 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
$67,089
Tax year 2022
Assessed value
$2,497,000
Assessed 2022
Previous assessed
$2,497,000
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$847,400
Assessed improvement
$1,649,600
Land market value
$847,400
Improvement market value
$1,649,600
Total market value
$2,497,000
Applied tax rate
1,565.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
10,192 SF
Lot
1.39 ac (60,531 SF)
Zoning code
CC
APN
222205-9053
UPID
US90-2359465
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Kent, WA
Zoning CC · permitted uses
CC · 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.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
City Of Kent
Entity
Mailing address
3154 NE MARQUETTE WAY, ISSAQUAH, WA 98029-3634
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
—
Ripu Mittal III LLC
—
Deed
related
$500,000 · Kandila Ventures LLC
Aug 30, 2021
—
Ripue Mittal III LLC
—
Deed
related
$5,000,000 · Live Oak Banking Company
Mar 22, 2019
—
Ripu Mittal Iil LLC
—
Grant Deed
related
$5,000,000 · Live Oak Bkng Co
Sep 18, 2018
—
City Of Kent
Ripu Mittal III LLC
Quit Claim Deed
related
—
Feb 27, 2018
—
Ripu Mittal III LLC
Ewd Group LLC
Warranty Deed
$324,341 · Veristone Fund I LLC
Sep 11, 2017
—
Seas Holdings LLC
—
Deed
related
—
Jun 12, 2017
—
Ripu Mittal III LLC
Seas Holding LLC
Grant Deed
—
Dec 2, 2016
$390,000
Seas Holding LLC
Ewd Group LLC
Dual Purpose Document
$312,000 · Ewd Group LLC
Sep 1, 2000
$190,000
Edwin T Uyeta
Pheifer,roy W & Lonita R
Grant Deed
$140,000 · Seller
—
—
Seas Holdings LLC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24116 132nd SE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
