Financial
Distress signals
Property profile

8445 228th St Kent, WA 98031

OFF-MARKET
Industrial properties
Property ID
US90-1460410
17,828 SF 0.43 ac lot Built 1961
Last sale Mar 2005 · $2,040,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$25k
Tax billed · 2022
Assessed value$2.30M
Assessed land$274k
Assessed improvement$2.03M
Effective rate1.10%

Value estimate

· Sep 2026
$2.07M
$1.86M – $2.28M
CAP approach$2.62M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
The I1 industrial business district consists of areas of high opportunity for the city in terms of employment, revenue, and placemaking
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.1
Pharmacy13.6
HVAC Service12.6

Location

8445 228th St Kent, WA 98031-2430
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8740 228th, Kent, WA 98031-2449 $3,850,000 Oct 2024 22,230 SF
8602 222nd, Kent, WA 98031-1935 $11,112,000 Sep 2024 11,760 SF
22638 85th S, Kent, WA 98031-2469 $4,340,000 Dec 2021 22,400 SF
22620 85th S, Kent, WA 98031-2469 $4,340,000 Dec 2021 14,128 SF
8825 228th, Kent, WA 98031-2437 $5,250,000 May 2021 14,049 SF
8504 228th, Kent, WA 98031-1885 $930,000 Oct 2019 12,296 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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