Financial
Distress signals
Property profile

8051 198th St Kent, WA 98032

OFF-MARKET
Showrooms
Property ID
US90-1614252
225,000 SF 8.79 ac lot Built 1966
Last sale Dec 1997 · $30,768,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located in North Kent Valley with convenient access to SR-167 and I-5. It comprises approximately 27,361 square feet total, including about 3,576 square feet of office space and approximately 3,532 square feet of mezzanine office space. The warehouse area has a 23-foot clear height, nine dock-high doors, and one drive-in door, with loading provided on two sides. The premises is configured to be combined with an adjacent unit, for a potential total of approximately 53,140 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$410k
Tax billed · 2024
Assessed value · 2023$32.94M
Assessed land$8.90M
Assessed improvement$24.04M
Effective rate1.24%

Value estimate

· Sep 2026
$30.08M
$27.07M – $33.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$101 – $464

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?
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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Tailor Shop8.8
Butcher8.2

Location

8051 198th St Kent, WA 98032-1187
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25440 Pacific S, Kent, WA 98032-5536 $1,900,000 Jan 2026 11,040 SF
25444 Pacific S, Kent, WA 98032-5520 $5,875,000 Sep 2025 16,000 SF
19253 84th S, Kent, WA 98032 $4,500,000 Feb 2025 11,800 SF
26200 Pacific S, Kent, WA 98032-6934 $1,500,000 Dec 2024 23,867 SF
520 Washington S, Kent, WA 98032-5718 $6,675,000 Mar 2024 54,183 SF
Kent, WA 98032 $15,000,000 Dec 2023 99,047 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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