Seattle · Commercial sale
SPTI 4th Ave N Seattle buys 1031 4th Ave N in Kent for $9 million
An industrial property at 1031 4th Ave N, Kent sold for $9,000,000 on July 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $9,000,000
- Sold
- July 28, 2026
- Property type
- Industrial property
- Lot size
- 134,387 sq ft
The $9,000,000 sale price for an industrial property at 1031 4th Ave N in Kent was 67% above its recorded market value of $5,376,400.
The property sold on July 28, 2026, according to the King County Department of Assessments' sales records.
The record lists F9 Properties LLC as the seller and SPTI 4th Ave N Seattle LLC as the buyer. The Assessor's records show a 3.09-acre lot.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $239,075 for the state real estate excise tax (graduated) and $45,000 for the local real estate excise tax (0.50%). The seller's estimated net is $8,650,354 before brokerage commissions and any loan payoff. A cash buyer would need about $8,954,624 at closing.
Source: King County Department of Assessments, real property sales, document 3389157. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
