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10056 SE 240th St - Kent Valley Place 0.82 Acres of Commercial Land Offered at $2,963,249 CAD in Kent, WA 98031



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. The site sits prominently along SE 240th Street, offering a rare opportunity to secure land in a corridor where available commercial parcels are increasingly limited.
Positioned in the heart of the Kent Valley industrial submarket, the property also benefits from exceptional regional connectivity with immediate access to SR-167, I-5, and SR-516, supporting efficient movement throughout South King County and the greater Puget Sound region. The location provides proximity to a strong industrial and service labor pool, established logistics infrastructure, and nearby commercial amenities.
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, industrial outdoor storage, or future build-to-suit development (buyer to verify). Its convenient access to major arterials allows for seamless connectivity throughout Kent, Covington, and the broader South King County region.
Whether for investment, development, or owner-user use, this property presents a rare opportunity to secure a high-exposure site in a rapidly growing corridor with strong long-term fundamentals.
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. The site sits prominently along SE 240th Street, offering a rare opportunity to secure land in a corridor where available commercial parcels are increasingly limited.
Positioned in the heart of the Kent Valley industrial submarket, the property also benefits from exceptional regional connectivity with immediate access to SR-167, I-5, and SR-516, supporting efficient movement throughout South King County and the greater Puget Sound region. The location provides proximity to a strong industrial and service labor pool, established logistics infrastructure, and nearby commercial amenities.
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, industrial outdoor storage, or future build-to-suit development (buyer to verify). Its convenient access to major arterials allows for seamless connectivity throughout Kent, Covington, and the broader South King County region.
Whether for investment, development, or owner-user use, this property presents a rare opportunity to secure a high-exposure site in a rapidly growing corridor with strong long-term fundamentals.
Property Facts
1 Lot Available
Lot
| Price | $2,963,249 CAD | Lot Size | 0.82 AC |
| Price Per AC | $3,618,130.28 CAD |
| Price | $2,963,249 CAD |
| Price Per AC | $3,618,130.28 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.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 172205-9130 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,029,610 CAD | Total Assessment | $1,029,610 CAD |
Property Taxes
Parcel Number
172205-9130
Land Assessment
$1,029,610 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,029,610 CAD
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10056 SE 240th St - Kent Valley Place
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