Kent, WA Land Property For Sale

Looking for a prime investment? This .45-acre parcel of raw land in Kent, WA is a golden opportunity! The seller means business, pricing it at just $185K, well below its assessed value of $218K—a steal that won't last long!

Located on 132nd Ave, which is undergoing major upgrades, this land offers easy access to utilities and plumbing—making it the perfect spot for your next project. Zoned SR-4.5, the possibilities are endless: build single-family homes, duplexes, modular homes, or even group homes.

With homes in this area valued between $700K-$1.2M, this is a no-brainer investment opportunity. Whether you're a seasoned builder or just starting out, jump on this chance to create something amazing in a growing community!

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 close proximity to the cities of Kent and Des Moines with access via light rail giving easy accessibility to the Sea-Tac Airport, Seattle, Federal Way and eventually to Tacoma in mere minutes. Mar-A-Villa benefits from MTC-2 zoning, a result of recent zoning changes by Sound Transit via the Transit Authority Density District and the City of Kent. This zoning reclassification unlocks endless possibilities, empowering you to craft a vibrant community that seamlessly blends residential, commercial, and recreational spaces, from high-rise residences with modern amenities to dynamic retail spaces and inviting recreational areas. The possibilities for development are limitless. Adding to the allure, this property also boasts an easement that provides additional access to the back of the property. It operates under the unique business model of owning ALL 20 of the single-wide mobile home units, and all tenants are on a month-to-month lease. No tenant owns any of the mobile homes in the park, which would make relocation uncomplicated.

We have been retained to exclusively present the opportunity to acquire this Kent development site located on the hard corner of SE 240th and 102nd Ave SE. This site offers a prime development opportunity in the core of Kent’s East Hill neighborhood. The flexible community commercial – mixed use zoning allows for the development of various projects including multifamily, single-tenant retail, car wash, drive through, day care, and others that provide for commercial activities that serve the nearby residential neighborhoods. The site shares a signalized intersection with Fred Meyer’s, and immediately adjacent to Pop Eyes and Starbucks drive through, benefiting from the over 27,000 daily traffic count.

Kent development site located on the hard corner of SE 240th and 102nd Ave SE. This site offers a prime development opportunity in the core of Kent’s East Hill neighborhood. The flexible community commercial – mixed use zoning allows for the development of various projects including retail, multifamily, senior housing or drive through service.

First time on the market in over 50 years for this legacy homestead. Amazing development potential for this picturesque hobby farm that has coveted medium density SR6 zoning under the City of Kent. Gentle topography slopes up from west to east giving phenomenal western exposure for open and bright lots. Secondary egress point on the northeast corner of the property allows for added flexibility in subdivision planning. Anticipated potential for 20-25 building lots. Nearby single-family new construction homes are selling for the 900k $1.2MM range. Minutes to SR-167 or take Hwy 515 direct to I-405. Valley Medical Center, Southcenter, and Green River Industrial Valley job center just a few miles away.

Kent E. Hill. Prime multifamily or mixed-use development site. Can be rezoned to MRT-16, MF townhomes mixed use, group homes, assisted living, finance, insurance, office, veterinary clinics/hospitals, eating and drinking establishments, real estate, home day care, auto repair, repair services, professional services (medical-clinics). Subject property is a perfect 100' X 100' square equaling 10,000 square feet of CCMU (community commercial mixed-use). Great cash flow potential or for sale project!

Kent Development Lot

41,129 SF Lot | $55/SF

Corner lot located at the intersection of SE Kent-Kangley Rd (Hwy 516) and 116th Ave SE.

Over 30,000 average daily traffic count.

Located across the street from Starbucks, Sonic, 7-Eleven.

Situated at hard corner of signalized intersection.

Looking for a unique opportunity to develop a high-density multifamily or residential project in a park-like, city setting? Look no further than this 16.5-acre land parcel in Kent, WA, with over 900 feet of frontage on Kent-Kangley Road.The site is conveniently located close to shopping, dining, banking, and entertainment options, as well as public transit and major highways. The land is now offered for sale at a very competitive price for development. Don't miss this rare chance to acquire a large and versatile land parcel in a prime location. As a builder or developer you could realize great returns on 210+ units/5 stories along Kent-Kangley and additional building options on the south side of the property or 50 single family homes. Contact the listing brokers directly to schedule a tour and learn more about this exciting opportunity. Buyer to verify feasibility.

Property is available for ground lease in addition for purchase. Comp Plan approved Mixed Use (MU) development site allows for 65' height under General Commercial (GC) subdivision. Current is one vacant commercial bldg. plus one duplex and one single family property. At lighted intersection across from Kent Meridian High School on heavily traveled Canyon Drive near French Field.

+/- 152,195 square feet, 4 tax parcels total

+/- 3.494 acres

Rail potentially extended to site

125370-0360, 125370-0495, 362304-9413, 362304-9068

Property taxes 2020: $25,210.63

Sale price subject to offer

Zoned Limited Industrial (I2) in the city of Kent

Centrally located with great access to State Highways and the Interstate

Located at end of a cul-de-sac; limited competing traffic in and out of site

Development can be flexible due to squarish nature of site

Relatively flat topography

Tax iD #: 1253700360; 1253700495; 3623049068; 3623049413

Great opportunity to buy a SHOVEL READY investment. Build them and rent 10 units or build them and sell 5 townhomes with ADUs.

The seller is willing to build it for the potential buyer. All permits are ready to build. 5 X 3 beds/Baths with ADUs, each unit is 1,800sf and all units have a roof deck that offers a view of the river across the street.