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    Property profile & analytics

    27023 164th SE Ave Covington, WA 98042-8241

    • Office buildings
    • 2,340 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US90-0739527
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 27023 164th SE Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.48 lot acres
    Property size
    2,340 SF
    Zone code
    MC
    Property type
    Office buildings
    APN
    262205-9154
    APU
    2622059154

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    King
    State
    Washington
    Longitude
    -122.124
    Latitude
    47.3592
    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
    $6,468
    $216,600
    $333,400
    $550,000
    -
    $216,600
    $333,400
    $550,000

    Comparable in this City

    • Value Estimation by Request
      6,345 SF

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    • Value Estimation by Request
      3,070 SF

      19001 272nd St

      OFFICE BUILDING • 3,070 SF
      19001 272nd St, Kent, WA 98042-5415
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      1,720 SF

      16204 272nd St

      OFFICE BUILDING • 1,720 SF
      16204 272nd St, Covington, WA 98042-8213
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    • Value Estimation by Request
      19,940 SF

      17300 270th Pl

      OFFICE BUILDING • 19,940 SF
      17300 270th Pl, Covington, WA 98042-5018
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    • Value Estimation by Request
      900 SF

      27825 Covington SE Way

      OFFICE BUILDING • 900 SF
      27825 Covington SE Way, Kent, WA 98042
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    • Value Estimation by Request
      1,970 SF

      18521 300th Pl

      OFFICE BUILDING • 1,970 SF
      18521 300th Pl, Kent, WA 98042-9294
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19.74 Acres

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      93,600 SF Industrial Building, 19.74 Acres
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    • $1,500,000
      20,568 SF

      Professional Office Land Available

      Land with permits imminent, adjacent to Walmart entrance.
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    • $769,000

      Land in Town Center Zoning

      Land suitable for day care, office, or mixed-use development.
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      721 SF

      Remodeled Single-Wide Home with Sunroom

      Remodeled single-wide home featuring new appliances, sunroom, and walking trail.
      15232 SE 272Nd St, Kent, WA 98042
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    • $279,500
      2.51 Acres

      Kent 2.51-Acre Residential Land

      Build your dream home on this peaceful, fenced lot.
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    • $145,000

      Kent Land Parcel Opportunity

      Raw land in fast-growing Kent area, priced below value.
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    Similar Nearby for Lease

    • $3,100 /Mo
      1,130 SF

      High-Traffic Covington Office Space

      Office space in high-traffic area near major retailers.
      17244 SE Wax Rd, Covington, WA 98042
      View Details
    • Contact for pricing
      3,539 SF

      Kent Office Space Available

      Sublease office space with furniture through April 2027.
      27304 152Nd Ave SE, Kent, WA 98042
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    • $36 SF/Yr
      2,064 SF

      Kent Commercial Suites For Lease

      Newly constructed commercial suites perfect for retail, office, and more.
      12828 SE 272Nd St, Kent, WA 98042
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    • Contact for pricing
      247,409 SF

      Class A Industrial Building

      247,409 SF industrial building with excellent highway access.
      28009 Covington Way SE, Covington, WA 98042
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    • Contact for pricing
      2,043 SF

      Retail Space in Covington, WA

      Retail property available for lease in Covington, Washington.
      27027-27193 185Th Ave SE, Covington, WA 98042
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    • $3,700 /Mo
      2,550 SF

      Maple Hills Home with Modern Amenities

      Spacious 4-bedroom home in Maple Hills, available for rent.
      20438 SE 256Th St, Covington, WA 98042
      View Details
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    27023 164th SE Ave
    Covington, WA 98042-8241
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    Realmo Value Estimation

    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.

    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.

    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
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