Technical
Financial
Distress signals
Property profile

848 3rd S Ave Kent, WA 98032

OFF-MARKET
Warehouses
Property ID
US90-1173584
11,200 SF 1.04 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,200 SF
Lot 1.04 ac (45,277 SF)
Zoning code I1
APN 000660-0114
UPID US90-1173584

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
  • Corporate Office

Location

848 3rd S Ave Kent, WA 98032-6128
Kent metro Census 29701 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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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

since 2015
Last sale
$3.6M
2 recorded transactions
2015
$1.5M
2014
$4.1M

Zoning & alternative use

I1 · Kent, WA
Zoning description

The I1 industrial business district consists of areas of high opportunity for the city in terms of employment, revenue, and placemaking

General category INDUSTRIAL

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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