Commercial · Des Moines · Seattle-Bellevue metro, WA
One of 69 reachable commercial buildings in Des Moines. Larger than 91% of commercial buildings in Des Moines (median 9,350 SF), derived from assessor records.
Usable building area
266,605 SF, King County Assessor
Lot size
68,664 SF, King County Assessor
Year built
2016, King County Assessor
Stories
7, King County Assessor
Predominant use
Hotel/Motel, King County Assessor
Assessed value
$35,595,400, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$133.51/SF, derived from assessor records
Usable area / lot
3.88, derived from assessor records
Vintage
2010s vintage
Zoning
PR-C, King County
County use code
Hotel/Motel
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $34.4M (estimated market value), with a likely range of $28.6M to $41.4M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 36% below the $202.09/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2020: transferred to Artemis Hotel USA LLC, no consideration (4 recorded transfers, 2015 to 2020)
2009-12-18: $2,078,000 from Sunway Plaza LLC to Artemis Hotel Group CO LTD (part of a 3-parcel sale; price is the whole deal), rec. 20091230001600
2007-05-16: $1,250,000 from Agbar Technologies INC to Sunway Plaza LLC (part of a 3-parcel sale; price is the whole deal), rec. 20070521001610
2002-02-05: $1,040,000 from Envirotest Systems Corp to Agbar Technologies INC (part of a 3-parcel sale; price is the whole deal), rec. 20020207001476
2001-11-06: transfer from Envirotest Systems Corp to City of Des Moines (part of a 3-parcel sale; price is the whole deal), rec. 20011108001790
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $474,000 (2011) to $35,595,400 (2026), up 7410% over 15 years, per county tax rolls. The 2026 roll splits $35,595,400 into $2,746,500 land and $32,848,900 improvements.
Zoning: PR-C (per King County)
Lot: 68,664 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Hotel, Full Service Upscale 188,741 SF; Parking Structure 68,764 SF; Restaurant, Table Service 9,100 SF (county building sections)