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    22725 Pacific Hwy S Des Moines, WA 98198

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    For Sale
    $1,995,000

    Mixed-use development site with completed drawings for apartments and retail.

    Property size:
    46,609 SF

    Property Features for 22725 Pacific Hwy S

    General Information

    Size
    46,609 SF

    Source: RE/MAX NORTHWEST REALTORS Agent RICKY MOUW

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development Opportunity

    This property presents a development opportunity for a mixed-use project. Completed drawings are available for a 166-unit apartment building and 4,200 sq ft of retail space, including geotech, environmental, site survey, and preliminary architectural drawings. The project is EB-5 eligible. The site consists of two parcels, zoned Pacific Ridge Commercial 1. It is located close to Highline Community College, the upcoming Kent Des Moines Light Rail Station, and the FAA Des Moines Regional HQ. The property size is 46609 sq ft.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    King
    State
    Washington
    Longitude
    -122.2969981
    Latitude
    47.3973102

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use development site with completed drawings for apartments and retail.
    Where is this mixed-use property located?
    The property is located at 22725 Pacific Hwy S Des Moines, WA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Seller financing available.; - Completed drawings for a 166-unit apartment building and 4,200 sq ft retail space are available.; - EB-5 eligible project.
    Request Owner's contact information
    22725 Pacific Hwy S Des Moines, WA 98198
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    Des Moines, WA 98198
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22725 Pacific Hwy S Des Moines, WA 98198
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