26505 Pacific HwyDes Moines, WA 98198

  • Commercial land
  • 0.85 AC
For Sale
$2,900,000 View listing

Property Details for 26505 Pacific Hwy

Lot size
0.85 AC
Zone code
C-C
Property type
Commercial land
APN
768280-0020
APU
7682800020

Description

Exceptional 2.86-acre commercial/industrial land parcel in Des Moines, WA, is available for $2,900,000. This level, fully fenced property boasts approximately 660 feet of street frontage along Pacific Highway S, offering unparalleled visibility and accessibility. Zoned W-C (Woodmoor Commercial), it permits a wide range of uses including office, retail, hotel, medical/dental, and animal services (self-storage excluded). A minor variance application is pending to allow for mixed-use development. The site's strategic location across from a Rapid Ride station and near Highline Community College ensures high traffic and convenient access. The property's impressive size (124,582 square feet) and proximity to the successful Health Point development present a compelling opportunity for build-to-suit projects or partnerships. Capitalize on Des Moines' thriving development scene with this exceptional investment opportunity. APN: 7682800025. Ownership: SG PACIFIC TRIO LLC.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,416,240
    Hospitality
    $10,457,214
    Educational
    $8,700,280
    Medical
    $8,999,496
    Retail
    $13,533,768
26505 Pacific Hwy, Des Moines, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.3637
Longitude
-122.307
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,844
$589,700
-
$589,700
-
$589,700
-
$589,700

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