You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,470,000
Medical Office Space

1107 347th Pl Federal Way, WA 98003-6718

2,994 SF 0.35 ac lot Built 1996
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-0161304
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction WOOD
Total area 2,994 SF
Lot 0.35 ac (15,315 SF)
Zoning code OP
APN 215470-0010
UPID US90-0161304
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
AI Approach AI
$1.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.47M
Owner & transaction history
Commonwealth Properties LLC · 6 yrs held
Commonwealth Properties LLC
since 2020
Last sale
$1.4M
7 recorded transactions
2020
$1.4M
2007
$19,090
1999
Price N/A
1991
$153,150
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OP · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

” means the PO, OP and CP-1 zoning districts. “ On-site hazardous waste treatment and storage facilities ” means facilities which treat and store hazardous wastes generated on the same property or geographically contiguous properties, which may be divided by public or private right-of-way if the entrance and exit between the properties is at a crossroads int…

Zone name Office Park
General category OPEN_SPACE
Zone area 474.06 ac
Top alternative use upside
Commercial (general) $1.6M +33.0%
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 1107 347th Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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