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Property profile

1826 240th St Des Moines, WA 98198

OFF-MARKET
Day care centers
Property ID
US90-0951159
9,350 SF 1.36 ac lot Built 1987
Entity Owned 1-yr Hold Free & Clear

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1987
Construction WOOD
Total area 9,350 SF
Lot 1.36 ac (59,266 SF)
Zoning code R-SR
APN 162204-9161
UPID US90-0951159

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2019
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-SR · Des Moines, WA
Zoning description

ercial Zone 18.27 D·C Downtown Commercial Zone 18.28 18.29 18.30 18.31 18.32 18.33 18.36 18.38 18.40 18.41 18.42 18.43 18.44 18.45 18.48 18.52 C·G Genel'8l Commercial Zone H·C Highway Commercial Zone R·SR Residential: Su…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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