23810 30th Ave S
Kent WA 98032

Mar A Villa

23810 30th Ave S Kent WA 98032

Listing #: 668857 | Status: Available | Last Modified: 5/9/2025 |

For Sale
Antonio Lopez
  • Phone:(206) 851-7441
  • Email:tonylopez@johnlscott.com
  • Office Name:John L. Scott - Kent
  • Office Phone:(253) 852-9200
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,500,000.0
  • $/SF$ 10,937.5
  • $/lot sf$ 62.8
  • $/Unit$ 3,500,000.0
  • Listing StatusAvailable
  • Days on Market672
  • Asset ClassOffice, Multi-Family, Land
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income139,912
  • Vacancy Factor %5.00%
  • Operating Expenses44,609
  • Net Operating Income88,307
  • CAP Rate 2.72 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Topography
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 2.72 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings0
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Rail ServiceYes
  • Total Building SF320
  • Net Rentable Area0
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF55713
  • Acres1.28
Property Type
  • Property TypeLand
  • Office Type
  • Building ClassC
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaKent
  • Tax ID #2500600436
  • Additional Parcels
  • ZoningMHP
Construction
  • Year Built1959
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

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

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