Financial
Distress signals
Property profile

26047 116th SE Ave Kent, WA 98030

OFF-MARKET
Day care centers
Property ID
US90-1590676
2,222 SF 0.94 ac lot Built 1959
Last sale May 2026 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located on the northwest corner of the signalized intersection of SE Kent Kangley Rd (Hwy 516) and 116th Ave SE in Kent. It has frontage at the intersection and is accessed from 116th Ave SE via right-in/right-out only. The site provides approximately 30,000 buildable square feet and is positioned across the street from Starbucks, Sonic, and 7-Eleven. Land-use potential includes several development types such as banks with drive-throughs, QSR/coffee uses (noting that a special

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.

Mortgages

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?
$8k
Tax billed · 2022
Assessed value$790k
Assessed land$617k
Assessed improvement$173k
Effective rate1.06%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$300k

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

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$212 – $802
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?
SR-8
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop27.6
Building Supply24.7
Law Firm22.8

Location

26047 116th SE Ave Kent, WA 98030-8479
County assessor Recorded deeds · 4 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

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
515 Smith, Kent, WA 98030-4629 $1,950,000 Sep 2023 9,592 SF
24415 104th SE, Kent, WA 98030-4968 $485,000 Apr 2022 3,124 SF
12808 Kent Kangley, Kent, WA 98030-7947 $1,018,500 Oct 2019 2,370 SF
12818 Kent Kangley, Kent, WA 98030-7947 $1,018,500 Oct 2019 2,010 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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