Property profile

1045 308th St Federal Way, WA 98003

OFF-MARKET
Assisted living facilities
Property ID
US90-0471730
31,240 SF 4.76 ac lot Built 1968
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,240 SF
Lot 4.76 ac (207,427 SF)
Zoning code RM1800
APN 082104-9042
UPID US90-0471730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Nursing Home
  • Physician
  • Physician

Location

1045 308th St Federal Way, WA 98003-4706
Federal Way metro Census 30204 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$835k

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2000
Price N/A
1969
Price N/A

Zoning & alternative use

RM1800 · Federal Way, WA
Zoning description

The Purpose of this district is to promote Multi Family 1 Unit Per 1800 Square Feet

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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