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Property profile & analytics
FOR LEASE
Banks

1825 S 316Th St Federal Way, WA 98003

17,170 SF 1.2 ac lot Built 2006
Individually Owned 21-yr Hold Free & Clear
Property ID
US90-0064084
1825 S 316Th St, Federal Way, WA 98003 For Lease
$20 SF/Yr 8,265 SF available
1825 S 316Th St, Federal Way, WA 98003
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Property summary
AI-generated overview

This exceptional two-story Class B office building, located at 1825 S 316th St in Federal Way, WA 98003, offers a significant leasing opportunity. The property, known as 316th Professional Plaza, boasts a total of 17,170 square feet, with 8,265 square feet currently vacant and ready for immediate occupancy. The building features multiple tenancies, providing flexibility for various business needs. The spacious layout is ideal for executive offices or professional office spaces. Situated on a 1.2-acre lot, the property provides ample parking with 60 spaces available for tenants and their clients. The building's convenient location in King County offers easy access to major transportation routes, enhancing accessibility and convenience. This is a rare opportunity to secure a substantial amount of high-quality office space in a desirable location. The property's existing infrastructure and ample parking make it an attractive option for businesses seeking to establish or expand their presence in the Federal Way market. Don't miss this chance to secure your ideal workspace.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Construction WOOD
Total area 17,170 SF
Lot 1.2 ac (52,134 SF)
Zoning code CC-C
APN 092104-9317
UPID US90-0064084
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
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
$799k
Blend (final) Blend
$755k
Owner & transaction history
Woodstone Cu · 21 yrs held
Woodstone Cu
since 2004
4 recorded transactions
2004
$990,000
1993
$351,891
1990
$351,891
1969
Price N/A
Zoning & alternative use
CC-C · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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