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    33702 21St Ave SW Federal Way, WA 98023

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    For Lease
    Contact for pricing

    Retail space available in Fred Meyer-anchored shopping center.

    Property size:
    7,380 SF
    Lot size:
    15.52 Acres

    Property Features for 33702 21St Ave SW

    General Information

    Size
    7,380 SF
    Lot size
    15.52 Acres

    Source: Leibsohn & Company Agent Royce Cottle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Federal Way

    This retail space is located in a Fred Meyer-anchored retail center. The property is situated off of 21st Avenue SW and SW Campus Drive, benefiting from a combined traffic count of 36,000 cars per day. The location offers easy parking and excellent access. The property size is 7,380 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Twin Lakes Village, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.3589014
    Latitude
    47.2978779

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Fred Meyer-anchored shopping center.
    Where is this shopping center located?
    The property is located at 33702 21St Ave SW Federal Way, WA.
    What are key features of this property?
    This property features: - Fred Meyer-anchored retail space available.; - Located off of 21st Ave SW and SW Campus Dr.; - Boasts a combined traffic count of 36,000 CPD.
    (425) 586-4656
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    33702 21St Ave SW Federal Way, WA 98023
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    Federal Way, WA 98023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33702 21St Ave SW Federal Way, WA 98023
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