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Property profile & analytics
OFF-MARKET
Land

26915 Pacific Hwy Des Moines, WA 98198

Property ID
Property summary
AI-generated overview

This exceptional 7.89-acre land parcel presents a unique investment opportunity in Des Moines, Washington. Comprising two parcels (APN 282204-9102, 282204-9045), this expansive property boasts a total area of 343,632 square feet and is ideally situated at 26915 Pacific Hwy S, 98198. The property's dual zoning designation offers significant flexibility for developers. The C-C (Community Commercial) zoning allows for a variety of commercial uses, while the RS-7200 zoning permits the construction of three-story multi-family residential buildings, each under 25 feet in height. This combination creates a compelling opportunity to develop a mixed-use project or focus solely on either commercial or residential development. The location in King County provides excellent access to major transportation routes and amenities, making it an attractive location for both residents and businesses. The asking price for this substantial land holding is $5,500,000. This represents a significant opportunity to capitalize on the growing demand for both commercial and residential properties in the Des Moines area. Serious inquiries are encouraged to explore the full potential of this remarkable development site.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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