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    3455 S 344Th St Federal Way, WA 98023

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    For Lease
    $18 SF/Yr ($18,501 /Mo)

    Turn-key office and flex space with excellent highway access.

    Property size:
    12,334 SF
    Lot size:
    23.06 Acres

    Property Features for 3455 S 344Th St

    General Information

    Size
    12,334 SF
    Lot size
    23.06 Acres

    Source: Kidder Mathews Agent Joel Shabel

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

    Overview

    Federal Way Office and Flex

    This property features 6,344 square feet of turn-key office space on the first floor, complemented by 6,000 square feet of flex or storage space. The office area includes eight private offices, two conference rooms, a break area, and a large open bullpen with workstations. Furniture is included. The space is equipped with new LED lighting. Loading dock access and a backup generator are available on-site. The flex or storage area contains one private office, with the remaining space being wide open. The property benefits from convenient access to Highway-18 and I-5 and offers 24/7 on-site security. It is located a 15-minute drive from Sea-Tac Airport. The total property size is 12,334 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.3765159
    Latitude
    47.2932546

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    FAQs

    What type of property is this?
    Office space - Turn-key office and flex space with excellent highway access.
    Where is this office space located?
    The property is located at 3455 S 344Th St Federal Way, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key office space with included furniture and **6,000 sf flex/storage**.; - Excellent location with great access to Hwy-18 and I-5.; - **6,344 sf of office space** featuring 8 private offices, two conference rooms, break area, and large open bull pen.
    (253) 722-1406
    Request Owner's contact information
    3455 S 344Th St 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
    3455 S 344Th St Federal Way, WA 98023
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