Technical
Financial
Distress signals
Property profile

802 223rd St Des Moines, WA 98198

OFF-MARKET
Office buildings
Property ID
US90-1725480
20,982 SF 0.12 ac lot Built 1941
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1941
Construction CONCRETE
Total area 20,982 SF
Lot 0.12 ac (5,400 SF)
Zoning code RS-8400
APN 720840-0005
UPID US90-1725480

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Media Distribution

Location

802 223rd St Des Moines, WA 98198-6362
Des Moines metro Census 28901 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.43M
Blend (final) Blend
$4.04M

Owner & transaction history

Zoning & alternative use

RS-8400 · Des Moines, WA
Zoning description

and in this category there is a further distinction in terms of required minimum lot area and open spaces that establish a degree of less restric­ tiveness in the following sequence: R-SR, R-SE, RS-15,000, RS-9,600, RS-8…

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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