Property profile

403 Smith St Kent, WA 98030

OFF-MARKET
Grocery and convenience stores
Property ID
US90-1142338
10,500 SF 0.88 ac lot Built 1986
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,500 SF
Lot 0.88 ac (38,302 SF)
Zoning code DCE-T
APN 917960-2020
UPID US90-1142338

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

403 Smith St Kent, WA 98030-4545
Kent metro Census 29203 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.53M

Owner & transaction history

since 2014
3 recorded transactions
2019
Price N/A
2014
$1.5M
1994
$1.1M

Zoning & alternative use

DCE-T · Kent, WA
Zoning description

Within the downtown commercial enterprise district, a transitional overlay addresses compatibility of higher intensity mixed use development with nearby single family residential zones through height limits and required…

General category MIXED_USE

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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