24202 104th SE Ave Kent, WA 98030-5381
Property profile & analytics
24202 104th SE Ave Kent, WA 98030-5381
- Commercial real estate
- 12,060 SF
- 1.71 lot acres
Property ID
US90-1129989
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
- Saigon Soul Vietnamese Restaurant / Restaurant
- Tasty Indian Cuisine / Restaurant
- Asian Planet Supermarket / (Bike/Boat/Book/etc) Store / Grocery & Convenience Store
- LA BONITA MARKET / Food Market / Farmer's Market
- Gyro And Falafel FT / Restaurant / Take-out & Catering
Property Details for 24202 104th SE Ave
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.71 lot acres
- Property size
- 12,060 SF
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 783080-0116
- APU
- 7830800116
Description
This thriving smoke shop business, located at 24202 104th Avenue SE Unit 110 in Kent, WA, presents a unique investment opportunity. Established three years ago, this business boasts a proven track record of profitability within the vibrant East Hill community. The current owner is seeking a new owner to continue its success. The sale price is $150,000, representing a significant opportunity for a buyer looking to enter the established retail market. The business operates from a leased space, with rental terms to be negotiated separately with the landlord. It's important to note that the inventory is sold separately from the business itself. This allows for a flexible acquisition, enabling the new owner to tailor the inventory to their specific preferences and market demands. The business benefits from its location in a high-traffic area, ensuring consistent customer flow and strong sales potential. Financial records demonstrating the business's profitability are available upon request, providing potential buyers with the necessary data to make an informed decision. This is an exceptional opportunity to acquire a well-established and profitable business in a desirable location. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,120,000
- 6.5%
- $2,880,000
- 7%
- $2,675,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,464,000
Market price range: $367k - $2.46M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,165,000 Current use
- MEDICAL BUILDING
- $4,765,000 Change: +14% Conversion: Easy
- RETAIL STORES
- $4,730,000 Change: +14% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $4,600,000 Change: +10% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $4,180,000 Change: +0% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.202
- Latitude
- 47.3848
- 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
2024
$64,611
$1,493,900
$4,058,300
$5,552,200
-
$1,493,900
$4,058,300
$5,552,200
