Prepared by https://www.commercialmls.com
23810 30th Ave S Kent WA 98032
Listing #: 668857 | Status: Available | Last Modified: 4/3/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 139,912 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 44,609 |
| Net Operating Income | 88,307 |
| CAP Rate | 3.23 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 3.231 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 0 |
| # of Floors | 1 |
| Rail Service | Yes |
| Total Building SF | 320 SF |
| Net Rentable Area | 0 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 55,713 SF |
| Acres | 1.28 |
| Year Built | 1959 |
| Property Type | |
|---|---|
| Property Type | Land |
| Building Class | C |
| Location | |
|---|---|
| County | King |
| Market Area | Kent |
| Tax ID # | 2500600436 |
| Zoning | MHP |
Welcome to Mar-A-Villa at the newly created Transit Authority Density District in Kent, Washington. This property is ideally suited for mixed-use development with the potential to build up to 16 stories with zero setbacks, providing exceptional vertical development potential. With its proximity to the Light Rail Station, it's one of the only properties with the MTC-2 zoning, giving this unique property the potential for a building that captures the stunning views of the Puget Sound and Mt Rainier. Residents and visitors will enjoy effortless access to public transportation, and easy access to Sea-Tac airport, Seattle, and beyond to the North, and directly South to Federal Way, eventually to Tacoma with the completion of the expanded Sound Transit Light Rail project in 2024. With it's clos
Mar A Villa
23810 30th Ave S Kent WA 98032
Listing #: 668857 | Status: Available | Listing Date: 7/7/2023 | Last Modified: 4/3/2026 | Email Listing
























