Financial
Distress signals
Property profile

22002 Pacific S Hwy Des Moines, WA 98198

OFF-MARKET
Office buildings
Property ID
US90-0990152
1,038 SF 0.81 ac lot Built 2007
Last sale Aug 2013 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$14k
Tax billed · 2022
Assessed value$1.11M
Assessed land$988k
Assessed improvement$121k
Effective rate1.30%
Value estimate · Sep 2026
$260k
$234k – $286k
AI approach$280k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579
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
after referred to as zones, have unique land use and development regulations, and some general regulations apply to each zone. The three ...
General categoryCOMMERCIAL
JurisdictionKING
Location intelligence

Which uses thrive at this corner?

Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.6
Realty agency10.5
Nail Salon10.2

Location

22002 Pacific S Hwy Des Moines, WA 98198-7769
County assessor Recorded deeds · 4 transfers Comp sales · not on file 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 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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More about this property
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