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Property profile & analytics
OFF-MARKET
Estimated value
$3,915,000
Retail space
2001 320th St Federal Way, WA 98003
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1062539
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
329,386 SF
Lot
31.58 ac (1,375,471 SF)
Zoning code
CC-C
APN
762240-0010
UPID
US90-1062539
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.92M
Owner & transaction history
Burlington Coat Factory Warehouse C · 4 yrs held
Burlington Coat Factory Warehouse C
since 2022
7 recorded transactions
Zoning & alternative use
CC-C · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Federal Way submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Federal Way submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$396,762
Tax year 2022
Assessed value
$33,573,000
Assessed 2022
Previous assessed
$33,573,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$31,635,800
Assessed improvement
$1,937,200
Land market value
$31,635,800
Improvement market value
$1,937,200
Total market value
$33,573,000
Applied tax rate
1,202.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Total area
329,386 SF
Lot
31.58 ac (1,375,471 SF)
Zoning code
CC-C
APN
762240-0010
UPID
US90-1062539
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC-C · Federal Way, WAZoning CC-C · permitted uses
CC-C · Federal Way, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Lot
31.58 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Warehouse C
Individual
Mailing address
1830 N RTE 130, BURLINGTON, NJ 08016-3017
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
Mgp Xi Commons Fw LLC
—
Deed
related
$35,000,000 · City National Bank
Apr 8, 2022
—
Burlington Coat Factory Warehouse C
Mgp Xi Commons Fw LLC
Lease
—
Mar 21, 2017
$45,911,436
Mgp Xi Commons Fw LLC
Commons Mall LLC
Grant Deed
—
Dec 30, 2016
—
Commons Mall LLC
—
Deed
related
$43,219,922 · Bank Of America
Dec 11, 2012
—
Commons Mall LLC
Steadfast Commons II LLC
Quit Claim Deed
—
May 3, 2007
—
Steadfast Commons II LLC
Steadfast Commons LLC
Quit Claim Deed
related
$75,000,000 · Royal Bank Of Canada
Aug 31, 2005
—
Steadfast Commons LLC
Steadfast Cm LLC
Quit Claim Deed
related
$70,000,000 · General Electric Capital Corp
Feb 26, 2003
$37,070,000
Steadfast Sea-tac I LLC
H M A Enterprises-sea-tac Mall
Grant Deed
$34,000,000 · Gmac Commercial Holding Capita
Dec 5, 2002
$247,500
Federal Way City (wa)
H M A Enterprises-sea-tac Mall
Grant Deed
—
Jul 23, 2002
—
Federal Way City (wa)
H M A Enterprises-seatac Mall
Grant Deed
related
—
Mar 30, 2001
$389,800
Federal Way City (wa)
H M A Enterprises-seatac Mall
Grant Deed
—
Dec 18, 1997
—
Lamonts Apparel INC
—
Deed Of Trust
related
$42,000,000 · Bankboston NA
Apr 1, 1997
—
Hma Enterprises-sea-tac Mall
Sea-tac Mall Associates
Quit Claim Deed
related
—
Apr 1, 1997
$12,700
Hma Enterprises
745 Property Investments
Trustees Deed
—
—
—
Commons Mall LLC
—
Deed Of Trust
related
$24,377,254 · Cjuf III Evcom Im LLC
—
—
Steadfast Sea-tac I LLC
—
Deed Of Trust
related
$5,100,000 · Gmac Commercial Holding Capita
—
—
Commons Mall LLC
—
Loan Modification
related
$47,250,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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