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    2101 324th St Federal Way, WA 98003-8506
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    Property profile & analytics

    2101 324th St, Federal Way, WA 98003-8506

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    • Specialty properties
    • 9,986 SF
    • 62.74 lot acres
    Off-Market
    Property ID
    US90-3077777
    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
    $885,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 2101 324th St

    Year built
    1966
    Construction
    WOOD
    Lot size
    62.74 lot acres
    Zone code
    RM3600
    Property type
    Specialty properties
    APN
    162104-9037
    APU
    1621049037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 28, 2020 — Belmor Mobile Home Park LP — Deed · related $25.1M · Prudential Multifamily Mortgage LLC
    Dec 31, 2014 — Belmor Mobile Home Park LP Belmor Holdings Ltd Quit Claim Deed · related $16.2M · Pnc Bank NA
    Mar 7, 2006 — Belmor Holdings Ltd Belmor Holdings Ltd Quit Claim Deed · related —
    — — Park Joint Venture Belmor — Deed Of Trust · related $16M · Variable Annuity Life Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $535,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,240,000
      Market price range: $93.6k - $1.24M
    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $675,000
      Current use
      RESTAURANT
      $1,365,000
      Change: +102% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,220,000
      Change: +81% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,040,000
      Change: +54% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $940,000
      Change: +39% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $875,000
      Change: +30% Conversion: Difficult
      OFFICE BUILDING
      $685,000
      Change: +2% Conversion: Difficult
      MEDICAL BUILDING
      $590,000
      Change: -13% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.304
    Latitude
    47.3093
    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
    $462,891
    $16,397,700
    $24,977,300
    $41,375,000
    -
    $16,397,700
    $24,977,300
    $41,375,000
    More about this property
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