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Property profile & analytics
OFF-MARKET
Medical Office Space
Kent, WA 98032
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-2441367
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1924
Total area
1,800 SF
Lot
0.18 ac (7,680 SF)
Zoning code
DCE
APN
982570-0800
UPID
US90-2441367
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
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
Pediatric Interim Care Ctr Of New · 21 yrs held
Pediatric Interim Care Ctr Of New
since 2004
5 recorded transactions
Zoning & alternative use
DCE · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of thisdistrictis to encourage and promote higher density development and a variety and mixture of compatible retail, commercial, residential, civic, recreational, and service activities in the downtown area, to enhance the pedestrian oriented character of the downtown
Zone name
Downtown Commercial Enterprise
General category
CIVIC_INSTITUTIONAL
Zone area
242.43 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
$12
Tax year 2022
Assessed value
$176,600
Assessed 2022
Previous assessed
$176,600
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$176,600
Land market value
$176,600
Total market value
$176,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1924
Heating
BASEBOARD
Stories
2
Bathrooms
1
Total area
1,800 SF
Lot
0.18 ac (7,680 SF)
Zoning code
DCE
APN
982570-0800
UPID
US90-2441367
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DCE · Kent, WAZoning DCE · permitted uses
DCE · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of thisdistrictis to encourage and promote higher density development and a variety and mixture of compatible retail, commercial, residential, civic, recreational, and service activities in the downtown area, to enhance the pedestrian oriented character of the downtown
Zone name
Downtown Commercial Enterprise
General category
CIVIC_INSTITUTIONAL
Zone area
242.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1924
Heating
BASEBOARD
Stories
2
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Pediatric Interim Care Ctr Of New
Individual
Mailing address
328 4TH AVE S, KENT, WA 98032-5836
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2016
—
Pediatric Interim Care Center
—
Deed
related
$1,590,000 · Bank Of The West
Oct 19, 2004
$460,800
Pediatric Interim Care Ctr Of New
Curran,charles P & Patricia J
Warranty Deed
$500,000 · Columbia State Bank
Dec 21, 2001
$83,680
Charles P Curran
Curran,mabel
Grant Deed
related
—
—
—
Pediatric Interim Care Center/
—
Deed Of Trust
related
$1,765,000 · Us Bank NA
—
—
Pediatric Interim Care Center
—
Deed Of Trust
related
$1,590,000 · Bank Of The West
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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