Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

37405 Pacific S Hwy Federal Way, WA 98003

OFF-MARKET
Other warehouses
Property ID
US90-1129586
2,560 SF 0.55 ac lot Built 1972
Last sale Mar 2022 · $213,500
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 37405 Pacific Hwy S in Federal Way, Washington consists of an approximately 8-acre parcel of land. The site is located along Pacific Hwy S and provides visibility to and access from the Pacific Highway corridor, with a large land footprint suitable for a single-tenant development. The parcel is reported to be in a leased configuration under a single-tenant, five-year triple-net lease; further details on the tenant use and the specific site configuration are available from the lease documentation for the listing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value$155k
Assessed land$130k
Assessed improvement$25k
Effective rate3.14%

Value estimate

· Oct 2026
$190k
$171k – $209k
AI approach$150k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$274/SF
Submarket average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$104 – $618
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS15.0
The Purpose of this district is to promote Single Family 1 Unit Per 15000 Square Feet
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Building Supply14.8
Wholesale Shop13.5

Location

37405 Pacific S Hwy Federal Way, WA 98003-7454
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1704 341st, Federal Way, WA 98003-7800 $13,750,000 Sep 2023 10,920 SF
1710 341st, Federal Way, WA 98003-8998 $13,750,000 Sep 2023 11,040 SF
1720 341st, Federal Way, WA 98003-8994 $13,750,000 Sep 2023 11,040 SF
1620 341st, Federal Way, WA 98003-6888 $13,750,000 Sep 2023 11,040 SF
34008 18th S, Federal Way, WA 98003-6877 $2,100,000 Aug 2022 8,900 SF
34202 16th S, Federal Way, WA 98003-7828 $21,500,000 May 2022 15,184 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 37405 Pacific S Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again