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2705 S 240th St - Kent Development TOD 2.89 Acres of Residential Land Offered at $15,348,141 CAD in Kent, WA 98032
EXECUTIVE SUMMARY
Located within walking distance of the upcoming Kent–Des Moines light rail station (opening in 2026), this TOD offering is perfectly situated for transit-oriented redevelopment.
As one of the few remaining large-scale redevelopment parcels along Pacific Highway, this site represents a rare and valuable opportunity in a rapidly evolving corridor.
Parcel Numbers: 3603600330 / 3603600450 / 3603600445
PROPERTY FACTS
| Price | $15,348,141 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.89 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | MTC-1 - Midway Transit Community-1 District | ||
| Price | $15,348,141 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.89 AC |
| No. Stories | 1 |
| Zoning | MTC-1 - Midway Transit Community-1 District |
1 LOT AVAILABLE
Lot
| Price | $15,348,141 CAD | Lot Size | 2.89 AC |
| Price Per AC | $5,310,775.37 CAD |
| Price | $15,348,141 CAD |
| Price Per AC | $5,310,775.37 CAD |
| Lot Size | 2.89 AC |
flat /level development site
DESCRIPTION
This transit-oriented development site is Strategically positioned near the corner of S 240th Street and Pacific Highway, The flat 2.89-acre site offers approximately 126,000 square feet of MTC-1 zoned land ideal for a wide range of development possibilities. The flexible zoning supports multifamily housing, affordable units, assisted living, age-restricted communities, and townhomes. Located within walking distance of the upcoming Kent–Des Moines light rail station (opening in 2026), this TOD offering is perfectly situated for transit-oriented redevelopment. As one of the few remaining large-scale redevelopment parcels along Pacific Highway, this site represents a rare and valuable opportunity in a rapidly evolving corridor. Parcel Numbers: 3603600330 / 3603600450 / 3603600445
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $346,887 CAD | Total Assessment | $346,887 CAD |
PROPERTY TAXES
Presented by
2705 S 240th St - Kent Development TOD
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