Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21624 Pacific Hwy Des Moines, WA 98198

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,000,000

    Retail property with long-term tenant and stable income stream.

    Lot size:
    0.43 Acres

    Property Features for 21624 Pacific Hwy

    General Information

    Lot size
    0.43 Acres

    Building Details

    Year built
    1963

    Source: SAFEGATE REAL ESTATE Agent MICHAEL THAI

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

    Overview

    Des Moines Retail Investment Opportunity

    Located in Des Moines on Pacific Highway South, this retail property presents an investment opportunity with a long-term tenant and a stable income stream.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    King
    State
    Washington
    Longitude
    -122.2978234
    Latitude
    47.4075373

    Nearby Similar for Sale

    • $6,950,000
      9,574 SF

      Waterfront Restaurant with Redevelopment Potential

      Waterfront restaurant with redevelopment potential in Des Moines, WA.
      28201 Redondo Beach Dr S, Des Moines, WA 98198
      View Details
    • $1,995,000
      46,609 SF

      Mixed-Use Development Opportunity

      Mixed-use development site with completed drawings for apartments and retail.
      22725 Pacific Hwy S, Des Moines, WA 98198
      View Details
    • $1,800,000
      2,054 SF

      Two Buildings in Des Moines

      Two buildings on 25,080 SF lot near Des Moines Marina.
      21616-21630 7 Pl S, Des Moines, WA
      View Details
    • $4,750,000

      Mixed-Use Development Opportunity Near Waterfront

      Two buildings on 2.34 acres near Des Moines waterfront.
      22705 Marine View Dr S, Des Moines, WA 98198
      View Details
    • $1,200,000

      Lakewood Church Building For Sale

      Church building in Lakewood, renovated in 2011, with parking.
      7714 Douglas St W, Des Moines, WA 98198
      View Details
    • $1,450,000

      Des Moines Commercial Buildings For Sale

      Two commercial buildings for sale in Des Moines, Washington.
      22302-22308 Marine View Dr S, Des Moines, WA 98198
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property with long-term tenant and stable income stream.
    Where is this retail property located?
    The property is located at 21624 Pacific Hwy Des Moines, WA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location on Pacific Highway South; - Long-term tenant in place; - Stable income stream
    (206) 501-7804
    Request Owner's contact information
    21624 Pacific Hwy Des Moines, WA 98198
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21624 Pacific Hwy
    Des Moines, WA 98198
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    21624 Pacific Hwy Des Moines, WA 98198
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.