22862 Pacific Hwy S, Des Moines, WA 98198

NNN Retail · Des Moines · Seattle-Bellevue metro, WA

Imagery suggests: freestanding retail. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 71 reachable nnn retail buildings in Des Moines. Larger than 49% of nnn retail buildings in Des Moines (median 4,158 SF), derived from assessor records.

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Building size: 4,158 SF, King County Assessor
Lot size: 12,578 SF, King County Assessor
Year built: 1934, King County Assessor
Stories: 1, King County Assessor
Predominant use: Retail, King County Assessor
Assessed value: $1,247,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $300/SF, derived from assessor records
Lot coverage: 33%, derived from assessor records
Vintage: pre-war vintage
Zoning: PR-C, King County
County use code: Retail Store
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

22850 Pacific Hwy S, Des Moines · 0 mi · 2,100 SF · built 1950 · assessed $305.67/SF
22855 Pacific Hwy S, Des Moines · 0.1 mi · 7,441 SF · built 1955 · assessed $279.20/SF
23003 Pacific Hwy S, Des Moines · 0.1 mi · 14,685 SF · built 2006
23031 Pacific Hwy S, Des Moines · 0.1 mi · 1,998 SF · built 1983 · assessed $671.77/SF
2904 S Kent Des Moines Rd, Des Moines · 0.1 mi · 2,400 SF · built 1969 · assessed $342/SF
22660 Pacific Hwy S, Des Moines · 0.1 mi · 1,688 SF · built 1983 · assessed $581.40/SF

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Sale history and market context

MakeMe Estimate: $1,365,753 (estimated market value), with a likely range of $1,140,952 to $1,547,386 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1995-01-25 for $217,375 (recorded arm's-length sale).

Current ownership dates to 2025 per recorded transfers.

2025-03-06: $1,515,000 from Private party to Eritrean Muslim Association of North America NW (part of a 2-parcel sale; price is the whole deal), rec. 20250307000447

2019-07-31: $1,500,000 from Private party to Ocean Blue Properties LLC (part of a 2-parcel sale; price is the whole deal), rec. 20190806001298

2017-05-12: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20170516001141

2006-04-28: $1,275,000 from Yks Properties LLC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20060428003792

1995-01-25: $217,375 from Private party to DBJ Properties LLC, rec. 199501301272

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $516,400 (2011) to $1,247,400 (2026), up 142% over 15 years, per county tax rolls. The 2026 roll splits $1,247,400 into $503,100 land and $744,300 improvements.

Zoning: PR-C (per King County)

Lot: 12,578 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Retail Store 4,158 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2019-03-15: Electrical, declared value $426 (Screened), permit BLD2019-0320

2016-01-25: Remodel, declared value $1,850 (Screened), permit BLD2016-0090

2015-02-02: Remodel, declared value $4,375 (Complete), permit BLD2015-0125

2015-01-23: Remodel, declared value $300 (Complete), permit BLD2015-0098

2014-11-24: Remodel, declared value $4,000 (Complete), permit BLD2014-1289

2014-11-21: Remodel, declared value $2,350 (Complete), permit BLD2014-1284

2014-07-01: Remodel, declared value $8,900 (Complete), permit BLD2013-0913

2013-06-27: Remodel (Complete), permit BLD2013-0578

Source: King County permit records (newest first).