Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    26402 79th S Ave Kent, WA 98032-7323
    Back to Search
    Property profile & analytics

    26402 79th S Ave Kent, WA 98032-7323

    View on Map
    • Warehouses
    • 2,176 SF
    • 1.86 lot acres
    Off-Market
    Last Sale Sep 22, 2022
    $5,650,000
    Property ID
    US90-2895435
    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.
    Value Estimations
    $5,330,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Westhill Truck & Trailer Repair / Auto Repair Shop
    • Kent Truck and Trailer Parking / Parking Lot & Garage

    Property Details for 26402 79th S Ave

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    1.86 lot acres
    Property size
    2,176 SF
    Zone code
    I2
    Property type
    Warehouses
    APN
    346280-0086
    APU
    3462800086

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,035,000
      ML approach
      $4,990,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.234
    Latitude
    47.3649
    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
    2022
    $19,702
    $1,863,000
    $90,900
    $1,953,900
    -
    $1,863,000
    $90,900
    $1,953,900

    Comparable in this City

    • Value Estimation
      $4,945,000
      51,600 SF

      1621 Central S Ave

      WAREHOUSE, STORAGE • 51,600 SF
      1621 Central S Ave, Kent, WA 98032-7450
      View Details
    • Value Estimation
      $2,455,000
      22,880 SF

      1819 Central S Ave

      WAREHOUSE, STORAGE • 22,880 SF
      1819 Central S Ave, Kent, WA 98032-7501
      View Details
    • Value Estimation
      $1,225,000
      11,792 SF

      23031 Military S Rd

      WAREHOUSE, STORAGE • 11,792 SF
      23031 Military S Rd, Kent, WA 98032
      View Details
    • Value Estimation
      $2,530,000
      19,704 SF

      18211 Vly Hwy

      WAREHOUSE, STORAGE • 19,704 SF
      18211 Vly Hwy, Kent, WA 98032-1002
      View Details
    • Value Estimation
      $1,240,000
      9,960 SF

      18801 Vly Hwy

      WAREHOUSE, STORAGE • 9,960 SF
      18801 Vly Hwy, Kent, WA 98032-1219
      View Details
    • Value Estimation
      $3,815,000
      33,412 SF

      1012 6th N Ave

      WAREHOUSE, STORAGE • 33,412 SF
      1012 6th N Ave, Kent, WA 98032-2938
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      43,799 SF

      Kent Warehouse with Cooler Space

      43,799 SF warehouse with cooler, dock, and grade-level loading.
      7327 S 228Th St, Kent, WA 98032
      View Details
    • Contact for pricing

      Kent Warehouse Space Available Now

      42,049 SF warehouse space with excellent access to SR 167.
      8030 S 194Th St, Kent, WA 98032
      View Details
    • $1,495,000

      Downtown Kent Warehouse/Office Space

      5000 SF office, manufacturing, warehouse space in downtown Kent.
      704 W Meeker St, Kent, WA 98032
      View Details
    • Contact for pricing
      29,374 SF

      Kent Industrial Facility For Sale

      29,374 SF industrial facility in Kent, Washington for sale.
      21019 77Th Ave S, Kent, WA 98032
      View Details
    • Contact for pricing

      Kent Industrial Space Available

      10,726 SF industrial space with 24' clear height.
      5858 S 194Th St, Kent, WA 98032
      View Details
    • Contact for pricing

      Kent Industrial Space Available

      10,726 SF industrial space with 24' clear height.
      5858 S 194Th St, Kent, WA 98032
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Secured Warehouse Space Available Now

      20,000 SF fenced, insulated warehouse with 30' clear height.
      6838-7024 S 234Th St, Kent, WA 98032
      View Details
    • Contact for pricing
      22,347 SF

      Kent Warehouse Space Available

      Industrial warehouse space available for lease in Kent, Washington.
      22114-22140 76Th Ave S, Kent, WA 98032
      View Details
    • Contact for pricing
      771,882 SF

      771,882 SF Logistics Park

      Class A logistics park with excellent access to transportation.
      6610 South 199Th Pl, Kent, WA 98032
      View Details
    • Contact for pricing
      12,375 SF

      Kent Valley Dock High Space

      Professionally managed dock high space in the Kent Valley.
      22625 S 83Rd Ave S, Kent, WA 98032
      View Details
    • Contact for pricing
      228,300 SF

      Kent Warehouse Space Available

      228,300 SF warehouse space in Kent available 1Q 2026.
      20401-20421 84Th Ave S, Kent, WA 98032
      View Details
    • Contact for pricing

      Kent Valley Industrial Warehouse Space

      228,300 SF warehouse space in Kent Valley available 1Q 2026.
      20401 84Th Ave S, Kent, WA 98032
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26402 79th S Ave
    Kent, WA 98032-7323
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    26402 79th S Ave, Kent, WA, 98032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!