Property profile

27130 172nd SE Ave Covington, WA 98042

OFF-MARKET
Retail space
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Property ID
US90-1185914
14,575 SF 1.4 ac Built 2004
Last sale Sep 2003·$605,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$48k
Tax billed · 2022
Assessed value$4.12M
Assessed land$1.52M
Assessed improvement$2.60M
Effective rate1.17%

Value estimate

· Nov 2026
$3.34M
$3.01M – $3.67M
CAP approach$3.29M

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 399 recorded sales of this use type
Observed band · Q1–Q3$181 – $680
Qualifying comparables22

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?
MC
Mixed commercial MC is applied to the majority of the Covington downtown area This zone encourages a mix of commercial and multi story re...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Parking Facility13.6
Auto Repair Shop13.5

Location

27130 172nd SE Ave Covington, WA 98042-4940
County assessor Recorded deeds · 8 transfers 22 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 · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16405 272nd, Covington, WA 98042-8211 $1,916,666 Apr 2020 396 SF
27103 185th SE, Covington, WA 98042-8419 $37,370,564 Nov 2019 4,520 SF
27112 167th SE, Covington, WA 98042-7378 $25,032,000 Sep 2019 4,014 SF
15209 272nd, Kent, WA 98042-4223 $2,168,000 Aug 2019 2,479 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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