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Property profile

22221 7th S Ave Des Moines, WA 98198

OFF-MARKET
Medical Office Space
Property ID
US90-0934052
4,992 SF 0.34 ac lot Built 1999
Last sale Feb 2024 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space totaling 746 square feet located in Des Moines, Washington.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$1.50M
Assessed land$345k
Assessed improvement$1.16M
Effective rate1.17%

Value estimate

· Oct 2026
$1.90M
$1.71M – $2.09M
AI approach$1.90M
Submarket $/SF estimate$1.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$344/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$180 – $466

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?
D-C
Residential: Multi­ family 900A; (vi) RM-900B Restricted Service Zone. (Revised 10/12) 18·36 (2) Commercial Zones. (a) N-C Neighborhood C...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.4
Pharmacy10.9
Carpet & Flooring Store8.8

Location

22221 7th S Ave Des Moines, WA 98198-6223
County assessor Recorded deeds · 3 transfers Qualifying 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

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20710 1st S, Des Moines, WA 98198-2849 $775,000 Jul 2022 2,856 SF
21904 Marine Vw S, Des Moines, WA 98198-6103 $1,500,000 May 2019 5,581 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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