Technical
Financial
Distress signals
Property profile

26402 79th S Ave Kent, WA 98032

OFF-MARKET
Warehouses
Property ID
US90-2895435
2,176 SF 1.86 ac lot Built 2010
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional 1.86-acre industrial yard, ideally situated in Kent, WA, presents a significant opportunity for businesses seeking a prime location for manufacturing, warehousing, or distribution operations. The property encompasses a substantial 81,022 square feet of land, offering ample space for various industrial uses. Its single-tenancy configuration ensures exclusive access and control, eliminating the complexities of shared facilities. The expansive area allows for efficient layout and operations, accommodating large-scale equipment and inventory management. This property is perfectly suited for companies requiring significant outdoor storage or operational space. The strategic Kent location provides easy access to major transportation arteries, facilitating seamless logistics and distribution networks. Interested parties are encouraged to inquire for detailed pricing and scheduling of property tours to fully assess the potential of this exceptional industrial yard. This is a rare opportunity to secure a substantial and strategically located industrial property in a thriving market. The property's size and location make it an ideal choice for businesses seeking to expand or establish a significant presence in the region. Contact the listing agent for further information and to arrange a viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Construction STEEL FRAME
Total area 2,176 SF
Lot 1.86 ac (81,000 SF)
Zoning code I2
APN 346280-0086
UPID US90-2895435

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
  • Auto Repair Shop
  • Parking Lot & Garage

Location

26402 79th S Ave Kent, WA 98032-7323
Kent metro Census 29702 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.04M

Owner & transaction history

since 2022
Last sale
$5.7M
6 recorded transactions
2022
$5.7M
2018
Price N/A
2005
$725,000
2002
Price N/A
2001
$365,890
1989
$85,000

Zoning & alternative use

I2 · Kent, WA
Zoning description

The I2 mixed industrialdistrictis intended to accommodate a range of small, moderate and large scale industrialusesand activities with moderate to high employment density

General category INDUSTRIAL

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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