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    422 3rd S Ave Kent, WA 98032-5842
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    Property profile & analytics

    422 3rd S Ave Kent, WA 98032-5842


    • Retail space
    • 3,057 SF
    • 0.32 lot acres
    Off-Market
    Last Sale Mar 31, 2021
    $600,000
    Property ID
    US90-1586133
    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
    $595,000
    Show details
    Cap Rate Potential
    8.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Janice Zielonka, LMP / Physician
    • Swift Insurance WA / Insurance Agency

    Property Details for 422 3rd S Ave

    Year built
    1938
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    3,057 SF
    Zone code
    DCE
    Property type
    Retail space
    APN
    982570-0695
    APU
    9825700695

    Description

    This exceptional commercial property, located at 422 3rd Ave S in Kent, Washington, presents a unique opportunity for businesses seeking a versatile space. The building, constructed in 1938, boasts a total of 3,057 square feet, all currently available for lease as a single tenant space. The property is classified as a Class B building and features two stories. The building sits on a 0.32-acre lot (13,939 square feet) and is zoned DCE (Downtown Commercial Enterprise). The property includes a functional basement area suitable for storage or production, along with two upstairs offices and two bathrooms. Adding to its practicality, a 675 square foot storage shed and on-site graveled parking are also available. The property's location within the Kent Valley submarket, specifically the Southend cluster, offers excellent access to transportation and amenities. The King County location, with APN 982570-0695, provides a stable and desirable business address. This versatile space is ideal for a variety of businesses seeking a well-maintained building with ample storage and parking in a convenient location. The property's size and features make it an attractive option for companies looking to establish or expand their operations in the thriving Kent market. The building's history and solid construction provide a sense of permanence and stability.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $555,000
      ML approach
      $535,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $750,000
      6.5%
      $690,000
      7%
      $640,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.236
    Latitude
    47.378
    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
    $12,344
    $323,800
    $241,700
    $565,500
    -
    $323,800
    $241,700
    $565,500
    More about this property
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