Property profile

405 Washington N Ave Kent, WA 98032

OFF-MARKET
Warehouses
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Property ID
US90-0850526
7,000 SF 0.57 ac Built 1991
Last sale May 2024·$1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value · 2023$1.29M
Assessed land$504k
Assessed improvement$787k
Effective rate1.15%

Value estimate

· Nov 2026
$1.50M
$1.35M – $1.65M
AI approach$1.50M
CAP approach$1.25M
Submarket $/SF estimate$1.85M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$180 – $342
Qualifying comparables5

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?
GC-MU
The purpose and intent of the general commercial district is to provide for the location of commercial areas developed along certain majo...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.0
Veterinary Clinic9.4
Laundry Service9.1

Location

405 Washington N Ave Kent, WA 98032-4435
County assessor Recorded deeds · 4 transfers 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7835 180th, Kent, WA 98032-1050 $34,750,000 Jan 2026 18,302 SF
848 3rd S, Kent, WA 98032-6128 $3,625,000 Aug 2025 11,200 SF
19200 66th S, Kent, WA 98032 $43,626,743 Sep 2024 8,609 SF
6601 190th, Kent, WA 98032 $43,626,743 Sep 2024 11,465 SF
5850 228th, Kent, WA 98032-1810 $5,662,670 Sep 2024 5,724 SF
1012 Central S, Kent, WA 98032-6103 $11,355,000 Jun 2024 18,081 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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