Current Use by Public Records
- Land
Property Details for 0 Des Moines Land
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents 9,069 square feet of commercially zoned land in Des Moines, Washington, priced at $400,000 ($44.11/sq ft). Ideally situated in King County, zip code 98198, this property boasts a prime location adjacent to thriving multi-family developments, ensuring strong potential for future growth and high occupancy rates. The land offers a readily available pad adjacent to Puddle Jumpers Childcare and directly across the street from a Dollar Tree, providing excellent visibility and convenient access to essential services. Its proximity to the Des Moines Marina adds significant recreational appeal, while its location minutes from Interstate 5 ensures easy commuting and accessibility. This multifamily-zoned land presents a unique chance to capitalize on the area's robust growth and high demand for residential units. The property's strategic location and surrounding amenities make it an attractive proposition for developers seeking to build a new multifamily complex or expand existing developments. This is a rare opportunity to acquire a well-positioned parcel in a thriving Des Moines neighborhood.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- King
- State
- Washington
- Longitude
- -122.311
- Latitude
- 47.3965
