Technical
Financial
Distress signals
Property profile

24645 Pacific S Hwy Kent, WA 98032

OFF-MARKET
Office buildings
Property ID
US90-1448770
4,000 SF 0.83 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction FRAME
Total area 4,000 SF
Lot 0.83 ac (36,331 SF)
Zoning code CM
APN 360180-0295
UPID US90-1448770

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • General Contractor Waste Management Facility

Location

24645 Pacific S Hwy Kent, WA 98032-4077
Kent metro Census 29004 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.58M
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2022
Last sale
$1.7M
7 recorded transactions
2022
$1.7M
2017
Price N/A
2005
Price N/A
1991
$480,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CM · Kent, WA
Zoning description

It is the purpose of the CMdistrictto provide locations for those types of developments which combine some characteristics of both retail establishments and small scale, light industrial operations, heavy commercial and…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $1.7M +67.3%
Medical building $1.6M +51.7%
Retail stores $1.6M +50.7%

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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