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Property profile & analytics
OFF-MARKET
Commercial real estate
519 Central S Ave Kent, WA 98032-5903
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-2437768
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
WOOD
Total area
2,240 SF
Lot
0.22 ac (9,600 SF)
Zoning code
CM
APN
382800-0255
UPID
US90-2437768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Richards soul 2 go & fish shack Restaurant
-
Massage Alternative Medicine Practice Spa & Massage Center
-
Ishtaar Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kiiviberly Nelson · 1 yrs held
Kiiviberly Nelson
since 2025
Last sale
$210,000
7 recorded transactions
Zoning & alternative use
CM · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the CMdistrictto provide locations for those types of developments which combine some characteristics of both retail establishments and small scale, light industrial operations, heavy commercial and wholesaleuses, and specialty manufacturing
Zone name
Commercial Manufacturing
General category
INDUSTRIAL
Zone area
357.89 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,036
Tax year 2022
Assessed value
$454,000
Assessed 2022
Previous assessed
$454,000
+0.0% YoY
Effective rate
4.41%
On assessed value
Assessed land
$158,400
Assessed improvement
$295,600
Land market value
$158,400
Improvement market value
$295,600
Total market value
$454,000
Applied tax rate
1,526.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
SPACE
Stories
1
Total area
2,240 SF
Lot
0.22 ac (9,600 SF)
Zoning code
CM
APN
382800-0255
UPID
US90-2437768
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CM · Kent, WAZoning CM · permitted uses
CM · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of the CMdistrictto provide locations for those types of developments which combine some characteristics of both retail establishments and small scale, light industrial operations, heavy commercial and wholesaleuses, and specialty manufacturing
Zone name
Commercial Manufacturing
General category
INDUSTRIAL
Zone area
357.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
SPACE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Kiiviberly Nelson
Individual
Free & Clear · 1 yrs held
Mailing address
2425 170TH PL SE, BELLEVUE, WA 98008-5518
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
—
Kiiviberly Nelson
Pleasures Peak LLC
Quitclaim Deed
related
—
Apr 11, 2017
—
Pleasures Peak LLC
—
Deed
related
$250,000 · Bankers Ins
Jan 6, 2017
$210,000
Pleasures Peak LLC
Evelyndale LLC
Warranty Deed
$190,000 · Evelynbdale LLC
Jul 16, 2004
—
Evelyndale LLC
Dale,everyn B
Quit Claim Deed
related
—
Jul 9, 2004
—
Evelyn B Dale
Dale,robert B Est
Quit Claim Deed
related
—
Nov 3, 1995
$115,000
Robert B Dale
Thornton,evelyn
Grant Deed
related
—
—
—
Robert B Dale
—
Deed Of Trust
related
$200,037 · Cascade Community Bank
—
—
Pleasures Peak LLC
—
Deed Of Trust
related
$250,000 · Bankers Ins
—
—
Robert B Dale
—
Deed Of Trust
related
$71,260 · Cascade Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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