Investor - Developer Opportunity. Zoned for Moderate Density Multifamily, this 4.78-acre transit-oriented development site offers exceptional potential just south of the Kent Des Moines light rail station and adjacent to Interstate 5. Zoning allows multiple residential uses, including single family, townhomes, and multi-family, with up to 16 units per acre outside wetland buffers. A daycare is also permitted. With a city variance, the site may allow up to a to be determined unit count. Three-story garden-style multifamily development. The wetland study identifies approximately 18,400 square feet of net usable area, which may allow for 6–7 units. With buffer averaging and mitigation, usable area could potentially increase to approximately 37,000 square feet, supporting 12–13 units or more (subject to approvals). Sewer, city water, power, phone, existing sidewalks, curb on the street frontage. SIGN COMING.
Listing Provided Courtesy of David R Knight, KW Mountains to Sound Realty
General Information
NWM2488080
Land
1
DOM
4.78 acres
0
Multi-F
King
Star Lake Elem
Evergreen Middl
Thomas Jefferso
Land
Land
Listing Provided Courtesy of David R Knight, KW Mountains to Sound Realty
Krishna Realty data last checked: Mar 07, 2026 05:24 | Listing last modified Mar 06, 2026 20:54,
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Residence Information
0
42 - Multi-Family
Features and Utilities
Available, In Street
Available, In Street
Financial
2959
Cash, Conventional
03-06-2026
Comparable Information
1
1
Cash, Conventional
$450,000
$450,000
Mar 06, 2026 20:54
Schools
Elementary : Star Lake ElemN/ARatings Middle : Evergreen Middl N/ARatings High : Thomas JeffersoN/ARatings
Investor - Developer Opportunity. Zoned for Moderate Density Multifamily, this 4.78-acre transit-oriented development site offers exceptional potential just south of the Kent Des Moines light rail station and adjacent to Interstate 5. Zoning allows multiple residential uses, including single family, townhomes, and multi-family, with up to 16 units per acre outside wetland buffers. A daycare is also permitted. With a city variance, the site may allow up to a to be determined unit count. Three-story garden-style multifamily development. The wetland study identifies approximately 18,400 square feet of net usable area, which may allow for 6–7 units. With buffer averaging and mitigation, usable area could potentially increase to approximately 37,000 square feet, supporting 12–13 units or more (subject to approvals). Sewer, city water, power, phone, existing sidewalks, curb on the street frontage. SIGN COMING.