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Property profile

20710 1st S Ave Des Moines, WA 98198

OFF-MARKET
Medical Office Space
Property ID
US90-1458621
2,856 SF 0.42 ac lot Built 1958
Last sale Jul 2022 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a stand-alone building offering a mix of office and retail-oriented spaces along the Normandy Park/Des Moines corridor, together with outdoor yard space. It includes office spaces ranging from approximately 350 to 1,000 square feet and a separate yard area of approximately 10,000 square feet that can be used with or without accompanying office space. The site is positioned for convenient access to SeaTac Airport, Pacific Highway, and I-5, and it is located along SR 509, which…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$593k
Assessed land$210k
Assessed improvement$383k
Effective rate1.13%

Value estimate

· Oct 2026
$690k
$621k – $759k
AI approach$705k
CAP approach$630k
Submarket $/SF estimate$671k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$344/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$180 – $466
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS-7200
The principal objective and purpose to be served by this zone and its application is to create a living environment of the highest standa...
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
HVAC Service11.0
Parking Facility11.0

Location

20710 1st S Ave Des Moines, WA 98198-2849
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22221 7th S, Des Moines, WA 98198-6223 $1,900,000 Feb 2024 4,992 SF
21904 Marine Vw S, Des Moines, WA 98198-6103 $1,500,000 May 2019 5,581 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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