Commercial Land - For Sale
23040 Pacific Highway South Des Moines, WA 98198
Details & Description
Price: $1,500,000
  • Property Type Land for Sale : Apartment Land
  • Lot Size Acres 0.810
  • Land Sq Ft 35,283
  • Land Price per Sq Ft $42.51
Well-located, .81 acre high-exposure development site with amazing western views and close access to new light rail stationSituated near main intersection of Pacific Hwy S and Kent-Des Moines RoadParcel # 250060-0250 – Owner is currently in the process of dividing the existing 1.49 acre parcel into two parcelsSchematic designs available for 117-unit apartment buildingAdjacent Legacy Landing office building on Pacific Hwy S is available for $3,750,000Purchase Price: $1,500,000
Listing Agents
Mike George

O: 425-586-5618
M: 206-999-5449
mgeorge@nai-psp.com
Scott Sulman

O: 425-586-5647
ssulman@nai-psp.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

23040 Pacific Highway South

Des Moines, WA 98198

Listing ID: 245670
$1,500,000
For Sale
  • Property Type Land for Sale : Apartment Land
  • Lot Size Acres 0.810
  • Land Sq Ft 35,283
  • Land Price per Sq Ft $42.51
23040 Pacific Highway South Des Moines, WA 98198 | for Sale | Photo 1
Description

Well-located, .81 acre high-exposure development site with amazing western views and close access to new light rail station

Situated near main intersection of Pacific Hwy S and Kent-Des Moines Road

Parcel # 250060-0250 – Owner is currently in the process of dividing the existing 1.49 acre parcel into two parcels

Schematic designs available for 117-unit apartment building

Adjacent Legacy Landing office building on Pacific Hwy S is available for $3,750,000

Purchase Price: $1,500,000

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Tacoma History of Commercial Land for Sale

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Des Moines Area Market Trends

Listing Demographics for 23040 Pacific Highway South Des Moines, WA 98198

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population15,61588,201205,779
Population Median Age353737
Population by Age0-9 Yrs2102 (13%)11903 (13%)27900 (13%)
10-19 Yrs2064 (13%)9765 (11%)23688 (11%)
20-29 Yrs2373 (15%)13834 (15%)31181 (15%)
30-39 Yrs2300 (14%)13687 (15%)31313 (15%)
40-49 Yrs2739 (17%)11915 (13%)26957 (13%)
50-59 Yrs1882 (12%)10402 (11%)24627 (11%)
60-69 Yrs1236 (7%)9209 (10%)21741 (10%)
70+ Yrs919 (5%)7486 (8%)18371 (8%)
Median HH Income$57,639$67,608$68,597
Total Household Income< 24K881 (15%)4543 (14%)10825 (14%)
25-49K1539 (27%)7067 (21%)15176 (20%)
50-74K1199 (21%)6515 (20%)15010 (20%)
75-99K621 (11%)4347 (13%)10127 (13%)
100-199K1164 (20%)7886 (24%)18844 (25%)
200K+237 (4%)2056 (6%)4779 (6%)
Highest Education LevelNo Diploma2178882618535
Diploma or GED27091562636404
Some College22321433733053
Assoc. Degree1141605814283
Bachelors Degree14071067827523
Higher Degree653482610221
Total Housing Units6,11134,31779,155
--Owner-Occupied2,58416,40240,377
--Renter-Occupied3,05716,01134,384
Owner-Occupied Values< 100K1419282793
100-199K34712763113
200-299K70038678870
300-399K850499711009
400-499K30626547176
500K+24126817416
Total Working Age Population12,24070,296163,728
In Work Force8,66347,754110,848
Not In Work Force3,57822,54152,880
Workforce Employed8,01945,013104,537
Workforce Unemployed6352,6266,094
Civlian Workforce8,65447,639110,630
Military Workforce8115218
Total Households5,64232,41474,761
Family Households3,73920,17448,808
Non-Family Households1,90312,24025,953
Married Couple2,00913,43433,353
Other Family1,7306,74015,455
Married w/Child9215,65614,167
Single Male w/Child4141,0112,166
Single Female w/Child4762,3015,469

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Washington5,894,121+146,724,540+147,638,415+118,503,178
King County1,737,034+111,931,249+162,231,408+112,474,625
Pierce County700,820+13795,225+13901,251+111,002,412

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Seattle Tacoma International Airport (SEA) 4
Boeing Field King County International Airport (BFI) 9
Portland International Airport (PDX) 126