Property profile

5858 S 194Th St Kent, WA 98032

FOR LEASE
Manufacturing properties
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Property ID
US90-3047426
46,742 SF 2.4 ac Built 2007
Last sale Feb 2024·$11,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

An industrial space in Kent configured to provide approximately 5,000 to 10,726 square feet of usable area. The facility offers a 24-foot clear height and is set up for dry storage, with loading and unloading supported by three dock-high doors and one grade-level door.

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?
$97k
Tax billed · 2024
Assessed value · 2023$8.46M
Assessed land$2.43M
Assessed improvement$6.03M
Effective rate1.15%

Value estimate

· Nov 2026
$11.70M
$10.53M – $12.87M
AI approach$11.70M
NOI build-up
Gross scheduled income$156k
Vacancy & credit loss−$10k
Operating expenses−$22k
NOI · 8,278,200.00% cap applied$124k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$192 – $604
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8,278,200.00%
$124k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
The I2 mixed industrialdistrictis intended to accommodate a range of small, moderate and large scale industrialusesand activities with mo...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.9
Parking Facility9.2
Convenience Store9.2

Location

5858 S 194Th St Kent, WA 98032
County assessor Recorded deeds · 11 transfers 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25329 74th S, Kent, WA 98032-6037 $7,250,000 Mar 2024 23,835 SF
19713 58th S, Kent, WA 98032-3106 $7,600,000 Dec 2023 27,237 SF
6600 231st, Kent, WA 98032-1847 $13,775,000 Dec 2021 62,037 SF
21213 76th S, Kent, WA 98032-2443 $5,625,000 Apr 2021 36,668 SF
22431 83rd S, Kent, WA 98032-1989 $3,550,000 Nov 2020 38,540 SF
7848 202nd, Kent, WA 98032-1345 $5,500,000 Sep 2019 38,120 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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