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Property profile & analytics
OFF-MARKET
Retail space

12644 Des Moines Memorial S Dr Seattle, WA 98168-2268

2,120 SF 0.34 ac lot Built 1946
Entity Owned 11-yr Hold Free & Clear
Property ID
US90-3131107
Property summary
AI-generated overview

This exceptional 1100000 USD commercial property, located at 12644 Des Moines Memorial Drive in Burien, WA, presents a unique investment opportunity. Currently zoned C1, this versatile property allows for a blend of retail and residential uses, making it ideal for a variety of businesses and development plans. The property features a level lot providing ample space for storage of vehicles, boats, or other equipment, offering additional income streams. Its strategic location offers easy access to Sea-Tac Airport and major freeways, ensuring excellent connectivity. Nearby amenities include North Sea-Tac Park, recreational fields, walking trails, a children's play area, and two golf courses within a mile and a half radius. The City of Burien's planned rezoning in 2025 is projected to increase density and allowable uses, significantly enhancing the property's future value. This presents a compelling opportunity to acquire a property before these anticipated zoning changes take effect. The seller is open to considering all offers. This is a rare chance to secure a prime commercial property in a rapidly developing area with significant upside potential. Don't miss this chance to capitalize on the growth of Burien.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction WOOD
Total area 2,120 SF
Lot 0.34 ac (14,760 SF)
Zoning code CI
APN 098500-1250
UPID US90-3131107
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
Current use
Occupant on record · Public records
  • World of Mayhem Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bad Egg Enterprises LLC · 11 yrs held
Bad Egg Enterprises LLC
since 2014
2 recorded transactions
2014
$89,857
2006
Price N/A
Zoning & alternative use
CI · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Municipal Code
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