Technical
Financial
Distress signals
Property profile

505 Harrison St Kent, WA 98032

OFF-MARKET
Banks
Property ID
US90-1246270
2,951 SF 0.45 ac lot Built 1972
Individually Owned 34-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,951 SF
Lot 0.45 ac (19,641 SF)
Zoning code DCE
APN 982570-1100
UPID US90-1246270

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm Bank
  • Bank Loan Service
  • Loan Service Bank

Location

505 Harrison St Kent, WA 98032-4424
Kent metro Census 29203 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 1992
2 recorded transactions
1992
$225,000
1969
Price N/A

Zoning & alternative use

DCE · Kent, WA
Zoning description

The purpose of thisdistrictis to encourage and promote higher density development and a variety and mixture of compatible retail, commercial, residential, civic, recreational, and service activities in the downtown area,…

General category CIVIC_INSTITUTIONAL

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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