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26047 116th Ave SE 0.94 Acres of Commercial Land Offered at $1,999,999 in Kent, WA 98030



INVESTMENT HIGHLIGHTS
- Zoning: CC-MU (Community Commercial Mixed-Use)
- Daily Traffic Count: 40,000+
EXECUTIVE SUMMARY
Ayers Commercial Group is pleased to present the opportunity to purchase the NW corner of the signalized intersection of SE Kent Kangley Rd (Hwy 516) and 116th Ave SE in Kent. While limited in access to right-in-right-out on 116th, and about 30,000 buildable square feet, the property boasts exceptional visibility, with approximately 40,000 daily traffic count. Located across the street from Starbucks, Sonic, and 7-Eleven. Highest and best use is for bank or QSR.
Potential uses include:
1) Banks, with drive through
2) QSR/Coffee (special use permit required)
3) Townhomes, apartments (as part of a mixed-use development)
4) Daycare
5) Senior housing
6) EV charging station
Potential uses include:
1) Banks, with drive through
2) QSR/Coffee (special use permit required)
3) Townhomes, apartments (as part of a mixed-use development)
4) Daycare
5) Senior housing
6) EV charging station
PROPERTY FACTS
| Price | $1,999,999 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.94 AC |
| Property Type | Land | ||
| Zoning | CC-MU - (Community Commercial Mixed-Use) | ||
| Price | $1,999,999 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.94 AC |
| Zoning | CC-MU - (Community Commercial Mixed-Use) |
1 LOT AVAILABLE
Lot
| Price | $1,999,999 | Lot Size | 0.94 AC |
| Price Per AC | $2,118,212.19 |
| Price | $1,999,999 |
| Price Per AC | $2,118,212.19 |
| Lot Size | 0.94 AC |
DESCRIPTION
Located across the street from Starbucks, Sonic, and 7-Eleven.
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PROPERTY TAXES
| Parcel Number | 292205-9130 | Improvements Assessment | $254,100 |
| Land Assessment | $627,200 | Total Assessment | $881,300 |
PROPERTY TAXES
Parcel Number
292205-9130
Land Assessment
$627,200
Improvements Assessment
$254,100
Total Assessment
$881,300
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Presented by
Ayers Commercial Group LLC
26047 116th Ave SE
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