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    1405 348th St Federal Way, WA 98003-6855
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    Property profile & analytics

    1405 348th St, Federal Way, WA 98003-6855

    View on Map

    • Retail space
    • 50,081 SF
    • 11.28 lot acres
    Off-Market
    Last Sale Jul 27, 2023
    Property ID
    US90-1299732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,645,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1405 348th St

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.28 lot acres
    Zone code
    CE
    Property type
    Retail space
    APN
    185295-0010
    APU
    1852950010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 27, 2023 — Trimark Fwc Owner LLC Fitness International LLC Lease —
    Oct 27, 2016 — Federal Way Owner LLC Fana Fedl Way Crossings LP Quit Claim Deed · related $58M · Ubs Ag
    Oct 31, 2006 — Federal Way Xings Trinaf II Trinaf Federal Way Xings LLC Quit Claim Deed · related —
    Mar 6, 2006 $50,965,986 Trimark-federal Way Xings Opus Northwest LLC Grant Deed $54M · Intervest Mortgage Co LLC

    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $13,275,000
      Current use
      OFFICE BUILDING
      $14,410,000
      Change: +9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.316
    Latitude
    47.2882
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $246,682
    $11,298,100
    $11,869,800
    $23,167,900
    -
    $11,298,100
    $11,869,800
    $23,167,900

    Property Visit Statistics

    • Visits by month
      21.7k
    • Visitors by month
      15.5k
    • Avg Time on site
      26 min
    More about this property
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