Financial
Distress signals
Property profile

2131 SW 336Th St Federal Way, WA 98023

FOR LEASE
Retail space
Property ID
US90-0809728
31,795 SF 2.37 ac lot Built 1979
Last sale Sep 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2131 SW 336Th St, Federal Way, WA 98023 For Lease
Contact for pricing 31,795 SF available
2131 SW 336Th St, Federal Way, WA 98023
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Property summary

AI-generated overview

This property is a retail space comprising approximately 31,795 square feet. It is positioned for high visibility and is accessible via public transit, located within a densely populated area. The premises are configured for retail use, with a tenant use restriction that prohibits grocery or pharmacy tenants.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value$5.46M
Assessed land$2.07M
Assessed improvement$3.39M
Effective rate1.05%

Value estimate

· Sep 2026
$4.95M
$4.46M – $5.45M
NOI build-up
Gross scheduled income$839k
Vacancy & credit loss−$27k
Operating expenses−$244k
NOI · 4,375,146.15% cap applied$569k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$128 – $407

Cap rate analysis

How does the asset earn?
4,375,146.15%
$569k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BN
The Purpose of this district is to promote Neighborhood Business
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.9
Dental Office10.6
Gym & Fitness10.3

Location

2131 SW 336Th St Federal Way, WA 98023
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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