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    OFF-MARKET
    Warehouses

    1112 344Th St, Federal Way, WA 98003

    21,676 SF 1.94 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,062 square foot industrial warehouse space is located within Campus Park - Building 3 in Federal Way, WA. The property boasts a prime location, offering excellent access to major transportation arteries including I-5, SR-18, and SR-99, ensuring efficient logistics. This Class B building, constructed in 1979 and renovated in 1994, features a single story with an 18-foot ceiling height. The unit includes convenient amenities such as restrooms, a small office, and a reception area, ideal for light manufacturing or distribution businesses. The space is finished with new carpet and paint, showcasing high-quality construction. Tenants benefit from 3-phase power, ten 10' x 10' grade-level loading doors, and ample parking with 32 total spaces available across the building. The 1.94-acre lot (84,506 square feet) is zoned BP. The building's total square footage is 21,676, with 1,374 square feet currently vacant. The property's proximity to various businesses, banking institutions, restaurants, and retail services provides added convenience. This is a rare opportunity to secure a well-maintained and strategically located industrial space in the thriving Federal Way submarket (Southend cluster). APN: 202104-9099, 926480-0080.

    Property profile
    Verified
    Property type Warehouses
    Year built 1979
    Total area 21,676 SF
    Lot 1.94 ac (84,506 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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