Seattle · Commercial sale

Kent Building buys 1216 6th Ave N in Kent for $6.57 million

An industrial property at 1216 6th Ave N, Kent sold for $6,567,000 on October 23, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 5, 2026

Sold October 23, 2026 · King County, Washington

Aerial view of 1216 6th Ave N, Kent with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.

Sale price: $6,567,000
Sold: October 23, 2026
Property type: Industrial property
Lot size: 51,785 sq ft

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 23, 2026

Seller's estimated net sheet

1216 6th Ave N, Kent

Sale price	$6,567,000
Title and settlement
Owner's title insurance policy	$13,802.30
Escrow fee	$700
Transfer taxes and recording
State real estate excise tax (graduated)	$166,085
Local real estate excise tax (0.50%)	$32,835
REET technology fee	$5
Prorations
Property tax proration (seller owes)	$18,621.49
Other costs
Wire / courier / payoff processing	$60
Total deductions	$232,108.79
Estimated net to seller	$6,334,891.21

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NetSheet.orgOctober 23, 2026

Buyer's estimated net sheet

1216 6th Ave N, Kent

Purchase price (cash)	$6,567,000
Title and settlement
Escrow fee	$700
Transfer taxes and recording
Deed recording fee	$304.50
Credits
Property tax credit from seller	$18,621.49
Closing costs and prepaids	$1,004.50
Estimated cash to close	$6,549,383.01

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
REET technology fee: $5 per affidavit (confidence medium)
Annual property tax estimated at 0.90% of price ($59,103).
Title and settlement fees are typical estimates, not quotes.

Selling in Kent?

An industrial property in Kent sold for $6,567,000. That price is 36% above its assessed market value. The sale was recorded on October 23, 2026.

The property sits on a 1.19-acre lot at 1216 6th Ave N. The Assessor's records show a market value of $4,843,500.

The seller was PLB Group LLC. The buyer was Kent Building LLC. The King County Department of Assessments reported the sale.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in King County?

By our estimate, the seller's two largest charges, not counting prorations, were $166,085 for the state real estate excise tax (graduated) and $32,835 for the local real estate excise tax (0.50%). Who pays what follows King County custom.

How much did the seller net?

By our estimate, the seller netted about $6,334,891. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $6,549,383 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1216 6th Ave N, Kent, WA.

Source: King County Department of Assessments, real property sales, document 3400543. 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.