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10056 SE 240th St - Kent Valley Place 0.82 Acres of Commercial Land Offered at $2,966,330 CAD in Kent, WA 98031

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EXECUTIVE SUMMARY

Prime commercial development opportunity in the heart of Kent’s East Hill corridor. This 0.82-acre site at 10056 SE 240th Street offers exceptional visibility, outstanding access, and flexibility for a wide range of commercial uses under T/H zoning. Located along one of the area’s most active thoroughfares, the property benefits from exposure to approximately 27,000 cars per day, making it an ideal choice for any business or developer seeking a high-traffic, growth-oriented location.
East Hill is one of Kent’s most established and consistently expanding neighborhoods, known for its strong demographics, steady commercial activity, and proximity to major retailers, restaurants, services, and transit routes. This site sits prominently along SE 240th Street, offering a rare opportunity to secure land in a corridor where available commercial parcels are increasingly limited.
The parcel’s size, visibility, and flexible zoning create an excellent foundation for a variety of potential uses, including retail, office, service-oriented businesses, drive-thru concepts, medical/dental, or mixed-use commercial development (buyer to verify). Its convenient access to major arterials allows for easy connections throughout Kent, Covington, and the broader South King County region.
Whether you are an investor looking for a strategically positioned asset, a developer planning new construction in a high-demand submarket, or an owner-user seeking a site that supports long-term business success, this property checks all the boxes. The combination of traffic volume, exposure, surrounding amenities, and zoning flexibility make this a standout opportunity.
For more details and full project information, visit:
https://andoverco.com/project/easthill-240th/

PROPERTY FACTS

Price $2,966,330 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units - Senior
  • Auto Repair
  • Bank
  • Carwash
  • Tienda de conveniencia
  • Daycare Centre
  • Drugstore
  • Fast Food
  • Garden Centre
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Medical
  • Restaurant
  • Strip Centre
  • Veterinarian or Kennel
Total Lot Size 0.82 AC
No. Stories 2
Zoning CC-MU - Community Commercial Mixed Use (CC-MU)

1 LOT AVAILABLE

Lot

Price $2,966,330 CAD
Price Per AC $3,621,892.65 CAD
Lot Size 0.82 AC

Prime 0.82-acre commercial site on SE 240th St in Kent’s East Hill corridor. High visibility, easy access, and flexible T/H zoning support a wide range of uses. Strong growth area ideal for developers, investors, or owner-users.

Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
172205-9130
Land Assessment
$1,056,024 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,056,024 CAD
  • Listing ID: 38532190

  • Date on Market: 2025-11-21

  • Last Updated:

  • Address: 10056 SE 240th St, Kent, WA 98031

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