427 E Smith St, Kent, WA 98030

NNN Retail · Kent · Seattle-Bellevue metro, WA

Imagery suggests: single-tenant retail with drive-thru. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 337 reachable nnn retail buildings in Kent. Larger than 40% of nnn retail buildings in Kent (median 5,840 SF), derived from assessor records.

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Building size: 4,564 SF, King County Assessor
Lot size: 13,820 SF, King County Assessor
Year built: 1970, King County Assessor
Stories: 1, King County Assessor
Predominant use: Market & Nail/Hair Shop, King County Assessor
Assessed value: $849,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $186.20/SF, derived from assessor records
Lot coverage: 33%, derived from assessor records
Vintage: 1970s vintage
Zoning: DCE-T, King County
County use code: Retail Store
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

403 E Smith St, Kent · 0 mi · 10,500 SF · built 1986 · assessed $162.16/SF
505 E Smith St, Kent · 0.1 mi · 2,499 SF · built 1978 · assessed $631.77/SF
603 E Smith St, Kent · 0.1 mi · 1,314 SF · built 1910 · assessed $223.36/SF
317 E Smith St, Kent · 0.1 mi · 2,524 SF · built 1975 · assessed $428.92/SF
302 E Smith St, Kent · 0.1 mi · 1,395 SF · built 1984 · assessed $467.17/SF
212 Central Ave N, Kent · 0.1 mi · 1,544 SF · built 1976 · assessed $318.65/SF

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Sale history and market context

MakeMe Estimate: $1,122,616 (estimated market value), with a likely range of $822,757 to $1,312,920 (half of recent verified sales in this segment landed inside that range). Based on 38 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2017-02-23 for $600,000 (recorded arm's-length sale).

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2017-02-23: $600,000 from Jabee LLC to Y&M Property LLC, rec. 20170301001296

2016-07-05: transfer from Private party to Jabee LLC (non-market transfer), rec. 20160718001444

1988-07-11: $268,000 from Private party to Private party, rec. 198807270554

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $543,700 (2011) to $849,800 (2026), up 56% over 15 years, per county tax rolls. The 2026 roll splits $849,800 into $290,200 land and $559,600 improvements.

Zoning: DCE-T (per King County)

Lot: 13,820 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Line Retail 3,064 SF; Market 1,500 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)