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2501 S Kent Des Moines Rd
Des Moines, WA 98198
2501 S Kent Des Moines Road, Des Moines, WA · Land For Sale · 0.64 AC

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INVESTMENT HIGHLIGHTS

  • Close to schools, parks, shopping, and community services
  • Zoning supports medium-density residential development, including townhomes, duplexes, and small apartment buildings (subject to city approval and
  • Strong demand for new housing in South King County driven by job growth and housing supply constraints
  • Proximity to the Des Moines waterfront and marina district offering recreation, dining, and scenic amenities
  • Rare opportunity to acquire infill multifamily land with excellent regional connectivity
  • Convenient access to I-5, SR-516, SR-99, and minutes from Sea-Tac International Airport

EXECUTIVE SUMMARY

Colliers is pleased to present the exclusive offering of 2501 S Kent Des Moines Road, a 27,878 square foot development site located in the growing Des Moines submarket of South King County. This infill parcel is zoned RM-900 (Residential Multifamily 900), presenting a rare opportunity to deliver medium-density housing in a corridor defined by strong demand, regional connectivity, and continued growth.
The site offers flexibility for residential development, with zoning that supports townhomes, duplexes, or small apartment buildings (subject to city approvals and design). Existing utilities, including water, sewer, and electricity, are present at the current structure located at the corner of the lot, providing a foundation for future development connections.
Strategically positioned near I-5, SR-516, and SR-99, the property offers excellent access to employment hubs, Sea-Tac International Airport, and major retail centers. Residents will also benefit from proximity to schools, parks, community services, and the Des Moines waterfront and marina district.
With its desirable location, flexible zoning, and strong regional housing demand, 2501 S Kent Des Moines Road presents a compelling opportunity for builders and developers to create much-needed residential product in a supply-constrained market.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.64 AC
No. Stories 1
Zoning RM-900 - Medium-density residential development, including townhomes, duplexes, and small apartment buildings Zoning: RM-900 Residential - Multifamily 900

1 LOT AVAILABLE

Lot

Price $500,000
Price Per AC $781,250.00
Lot Size 0.64 AC

Lot currently has one building (1976 construction) — a 548 SF retail store previously used as a hair salon (currently vacant)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162204-9207
Land Assessment
$919,900
Improvements Assessment
$34,700
Total Assessment
$954,600
  • Listing ID: 36649063

  • Date on Market: 7/8/2025

  • Last Updated:

  • Address: 2501 S Kent Des Moines Rd, Des Moines, WA 98198

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