Value-Add Office Building For
For Sale
Contact for pricing
Pending
33400 8th Ave S, Federal Way, WA 98003
50,150 SF office building on 3.11 acres.
Property Size50,150 SF
Lot Size3.11 Acres
Days on Market1172
Property Features for 33400 8th Ave S
General Information
Standard status
Pending
Size
50,150 SF
Class
B
Total Parking Spaces
228
Lot size
3.11 Acres
Property subtype
Office
Zoning
OP - Office Park
Net Operating Income
$171,082
Building Details
Year Built
1981
Year Renovated
2020
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Kidder Mathews Tacoma
Listed By:
Drew Frame · License #WA
(253) 722-1433
Source:
Crexi
Added: Jun 22, 2023
Changed: Sep 2
Last Checked: Sep 4 at 9:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Tacoma
Investment Insights
Based on property information with market context.
Park Center is a 50,150 square foot office building situated on a 3.11 acre parcel, which is equivalent to 135,633 square feet. The property is currently 24.79% occupied. This property presents a value-add investment or an opportunity for an owner/user. The property is suited for an investor or owner/user looking to acquire an asset.
Key Highlights
- 50,150 square foot office building.
- Situated on a 3.11 acre parcel.
- Value‑add investment opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 98003, WA
51,751
Population
20,380
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
4,500
Density / Sq Mi
$70,800
Median Household Income
$39,497
Median Earnings
$1,650
Median Rent
$428,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 50,150 SF office building on 3.11 acres.
Where is this office building located?
The property is located at 33400 8th Ave S Federal Way, WA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 50,150 square foot office building.; Situated on a 3.11 acre parcel.; Value‑add investment opportunity.
