Multifamily Development Opportunity - Apartments or Townhomes

2501 Kent Des Moines Rd, Des Moines, WA 98198

Property Information

  • For Sale $500,000
  • Property Type Other
  • Lot Size 27,878 SF
  • Date Updated May 18, 2026

Description

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.

Contacts

Drew Feldman

Location

Located at 2501 Kent Des Moines Rd, Des Moines, WA 98198, this property is part of the South Des Moines neighborhood and Seattle market.

Contact Listing Broker
Drew Feldman
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