8611 228Th StKent, WA 98031

  • Industrial properties
  • 15,015 SF
For Lease
$13.44/SF/YR View listing

Property Details for 8611 228Th St

Year built
1963
Construction
WOOD
Lot size
1.34 AC
Property size (Sq ft)
15,015 SF
Zone code
I1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
775880-0006
APU
7758800006

Description

This Kent, WA property offers a unique combination of office, warehouse, and outdoor space, ideal for various industrial businesses. The property encompasses a 2,500 square foot office area, a 3,264 square foot warehouse/shop, and a substantial 2,250 square foot covered shed. Adding to its functionality is a half-acre fenced industrial yard, providing ample secure outdoor storage or operational space. This versatile property presents multiple leasing options to suit diverse business needs. Option one includes the entire space – office, warehouse, shed, and yard – for $12,000 per month plus NNN charges. Option two offers the office and warehouse space only (totaling 5,764 square feet) for $6,000 per month plus NNN. Finally, option three provides the covered shed and the half-acre fenced yard for $6,000 per month plus NNN. This flexible arrangement allows businesses to tailor their lease to their specific requirements and budget. The property's location in the Kent submarket offers excellent access to transportation routes and a strong industrial base. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,867,850
    Hospitality
    $3,542,930
    Educational
    $2,947,676
    Medical
    $3,049,051
    Retail
    $4,585,274
8611 228Th St, Kent, Washington

Location Insight

City
Kent
County
King
State
Washington
Latitude
47.397
Longitude
-122.225
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$27,381
$844,100
$1,667,600
$2,511,700
-
$844,100
$1,667,600
$2,511,700

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