Financial
Distress signals
Property profile

22228 Pacific S Hwy Des Moines, WA 98198

OFF-MARKET
Turn key restaurants
Property ID
US90-1101433
2,384 SF 0.46 ac lot Built 1948
Last sale May 2022 · $840,000
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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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$596k
Assessed land$561k
Assessed improvement$35k
Effective rate1.19%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$765k
Submarket $/SF estimate$970k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$245 – $888
Qualifying comparables10

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?
PR-C
The principal objective and purpose of this zone and its application is to implement the City of Des Moines Comprehensive Plan, Pacific R...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.0
Realty agency19.7
Dental Office17.3

Location

22228 Pacific S Hwy Des Moines, WA 98198-5101
County assessor Recorded deeds · 4 transfers 10 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22862 Pacific S, Des Moines, WA 98198-7262 $1,515,000 Dec 2024 4,158 SF
21920 Pacific S, Des Moines, WA 98198-7700 $8,009,002 Aug 2022 2,152 SF
25915 Pacific S, Des Moines, WA 98198-9021 $3,050,000 Mar 2020 3,240 SF
21449 International, Des Moines, WA 98198-6074 $1,625,000 Jun 2019 2,426 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
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