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Des Moines Development Opportunity
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2501 S Kent Des Moines Rd, Des Moines, WA 98198

27,878 SF development site in Des Moines, WA.

Property SizeContact for details
Lot Size0.64 Acres
Days on Market429

Property Features for 2501 S Kent Des Moines Rd

General Information

Standard status Active
Lot size 0.64 Acres
Property subtype LAND
Listing Agency: Colliers International WA, LLC
Listed By: Andrew Feldman
Source: Moodyscre
Added: Jun 10, 2025 Changed: Aug 8 Last Checked: Jul 16 at 8:24AM

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 Colliers International WA, LLC

Investment Insights

Based on property information with market context.

This offering features a 27,878-square-foot development site located in the Des Moines submarket of South King County. Zoned RM-900 (Residential Multifamily 900), the infill parcel presents an opportunity to deliver medium-density housing. The zoning supports townhomes, duplexes, or small apartment buildings, subject to city approvals and design. Existing utilities, including water, sewer, and electricity, are present at the current structure located at the corner of the lot, providing a foundation for future development connections. Positioned near I-5, SR-516, and SR-99, the property offers access to employment hubs, Sea-Tac International Airport, and major retail centers. Residents will also benefit from proximity to schools, parks, community services, and the Des Moines waterfront and marina district. The property presents an opportunity for builders and developers to create residential product in a supply-constrained market.

Key Highlights

  • Prime development site: 27,878 sq ft in the high‑demand Des Moines submarket of South King County.
  • Flexible RM‑900 zoning allows for townhomes, duplexes, or small apartment buildings.
  • Excellent regional connectivity via I‑5, SR‑516, and SR‑99, providing easy access to employment, Sea‑Tac Airport, and retail centers.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Barber Shop Spa & Massage Center

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

622
Businesses Nearby

Demographics for 98198, WA

38,727
Population
15,267
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
7.7 sq mi
ZIP Area
5,029
Density / Sq Mi
$83,938
Median Household Income
$48,776
Median Earnings
$1,770
Median Rent
$527,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 27,878 SF development site in Des Moines, WA.
Where is this residential land & home lot located?
The property is located at 2501 S Kent Des Moines Rd Des Moines, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime development site: 27,878 sq ft in the high‑demand Des Moines submarket of South King County.; Flexible RM‑900 zoning allows for townhomes, duplexes, or small apartment buildings.; Excellent regional connectivity via I‑5, SR‑516, and SR‑99, providing easy access to employment, Sea‑Tac Airport, and retail centers.
(206) 223-1263 Call to check price and availability
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