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Kent Development TOD
Listing Type: For Sale
Property Type: Land
Status: Available
CBA ID#: 675299
2705 S 240th St
Kent, WA 98032

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Commercial Property

Marketing Description:

This transit-oriented development opportunity is conveniently located on the corner of S 240th and Pacific Hwy. A rectangular flat site well- positioned for future development; this offering contains ±126,000 SF of MTC-1 zoned land. Flexible zoning allows multiple potential uses that include, but are not limited to market-rate multifamily, affordable housing, assisted living, age restrictive housing, and townhouses. Primed for redevelopment, the offering can accommodate Podium or Garden Style Development (reference massing study) and is within walking distance to the new Kent–Des Moines light rail station scheduled to open in 2026. The Kent TOD offering provides institutional investors a wide range of uses and the flexibility of garden style, podium, or a mixture of both for future develop

Land Features:

  • Lot Size: 125888 SqFt
  • Lot Acreage: 2.89 Acres
  • Zoning: MTC1

Building Features:

  • Building Size: 2225 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Year Built: 1956
This Listing Supplied Courtesy of Kidder Mathews
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity