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Financial
Distress signals
Property profile

22302 Marine Vw S Dr Des Moines, WA 98198

OFF-MARKET
Drive through restaurants
Property ID
US90-0795687
480 SF 0.14 ac lot Built 1955
Last sale Jul 2019 · $780,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two separate commercial buildings on an adjacent corner lot in Des Moines, located near the Des Moines Marina at Marine View Drive and 223rd Street. One building (22302), known as the Doghouse, is configured for restaurant use and has operated as a hot dog restaurant. The neighboring commercial buildings (22306 and 22308) are separate structures and have been fully occupied. The site’s corner placement on Marine View Drive and 223rd Street provides exposure to regular vehicular traffic in the area.

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?
$2k
Tax billed · 2022
Assessed value$171k
Assessed land$156k
Assessed improvement$15k
Effective rate1.44%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$245 – $888

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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.9
Parking Facility11.6
HVAC Service9.8

Location

22302 Marine Vw S Dr Des Moines, WA 98198-6832
County assessor Recorded deeds · 7 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23263 Pacific S, Seattle, WA 98198 $1,349,700 Aug 2024 1,270 SF
21920 Pacific S, Des Moines, WA 98198-7700 $8,009,002 Aug 2022 2,152 SF
22228 Pacific S, Des Moines, WA 98198-5101 $840,000 May 2022 2,384 SF
23261 Pacific S, Seattle, WA 98198 $1,349,700 Nov 2018 700 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
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