26047 116Th Ave SE, Kent, WA 98030
For Sale
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This exceptional commercial property, located at 26047 116th Ave SE in Kent, Washington (zip code 98030), presents a rare opportunity for investors and developers. The property boasts a substantial 41,129 square feet of land, zoned SR-8, making it ideal for a variety of retail uses. Priced at $2,262,095, this translates to a price per square foot of $55. The lot's strategic location at the hard corner of a signalized intersection of Se Kent-Kangley Road (Highway 516) and 116th Avenue SE ensures high visibility and accessibility. With an average daily traffic count exceeding 30,000 vehicles, this site offers unparalleled exposure to potential customers. Adding to its appeal, the property is situated directly across the street from established businesses such as Starbucks, Sonic, and 7-Eleven, creating a synergistic retail environment. The property's APN is 292205-9130. This is a turnkey opportunity to capitalize on a thriving retail market in a high-demand location. Don't miss this chance to acquire a prime piece of commercial real estate in King County.
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Teacher's Child Care and Infant Center Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SR-8 · Kent, WAKent. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.