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Development Opportunity Near Light Rail
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24202 PACIFIC HIGHWAY S, Kent, WA 98032

Land suitable for mixed-use development near Kent Des Moines station.

Property SizeContact for details
Days on Market735

Property Features for 24202 PACIFIC HIGHWAY S

General Information

Standard status Active
Property subtype Land
Listing Agency: Coldwell Banker Danforth Seattle
Listed By: Jonah Wilhelm · License #17819
Source: Crexi
Added: Aug 19, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Danforth Seattle

Investment Insights

Based on property information with market context.

This property presents a transportation-oriented development opportunity near the new Kent Des Moines Light Rail Station. Preliminary studies and designs have been conducted, suggesting the potential for a mixed-use development. The site could accommodate a hotel, a small retail component, and approximately 400 multi-family units.

Key Highlights

  • Transportation oriented development opportunity near Kent Des Moines Light Rail Station.
  • Potential for a mixed‑use development.
  • Capacity for almost 400 Multi‑Family units.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Grocery & Convenience Store Bakery Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 98032, WA

38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land suitable for mixed-use development near Kent Des Moines station.
Where is this commercial land located?
The property is located at 24202 PACIFIC HIGHWAY S Kent, WA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Transportation oriented development opportunity near Kent Des Moines Light Rail Station.; Potential for a mixed‑use development.; Capacity for almost 400 Multi‑Family units.
More about this property
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