LISTING DETAILS

Mar A Villa

23810 30th Ave S Kent WA 98032

Listing #: 668857 | Status: Available | Last Modified: 4/3/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income139,912
Vacancy Factor %5.00%
Operating Expenses44,609
Net Operating Income88,307
CAP Rate3.23 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate3.231
Building Information
Building StatusExisting
# of Buildings0
# of Floors1
Rail ServiceYes
Total Building SF320 SF
Net Rentable Area0 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF55,713 SF
Acres1.28
Year Built1959
Property Type
Property TypeLand
Building ClassC
Location
CountyKing
Market AreaKent
Tax ID #2500600436
ZoningMHP

Land Development Deal

Public Comments

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

For Sale

Mar A Villa

Listing Images