Property summary
This exceptional 10.5-acre property in Burien, King County, Washington, presents a rare development opportunity. Located at 17202 & 17050 Des Moines Memorial Dr S, 98148, this multifamily investment comprises two parcels, each featuring a single-family home and outbuildings, built in 1947 and 1949, and renovated in 2007. The property is zoned RSA, offering significant potential for various development projects, including low-income housing, residential development, or multifamily expansion. The existing two rental units provide immediate income potential while development plans are underway. Conveniently located just 18 minutes from downtown Seattle and 5 minutes from SeaTac Airport, this prime location enhances its investment appeal. The properties are being sold as-is. The total acreage offers substantial upside potential for future growth and development, given recent favorable legislative changes at the local and state levels. This is a unique chance to acquire a large parcel in a high-demand area with considerable flexibility for future use.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
-
Party Supply Store (Bike/Boat/Book/etc) Store
-
Big Box & Wholesale Store
-
Hat Shop
-
(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.