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    Property profile & analytics

    2302 320th St Federal Way, WA 98003-5418

    • Drive through restaurants
    • 5,663 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0795767
    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.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2302 320th St

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.96 lot acres
    Property size
    5,663 SF
    Zone code
    CC-C
    Property type
    Drive through restaurants
    APN
    092104-9272
    APU
    921049272

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.303
    Latitude
    47.3156
    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
    $26,084
    $1,170,800
    $1,337,500
    $2,508,300
    -
    $1,170,800
    $1,337,500
    $2,508,300

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      2032 320th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,134 SF
      2032 320th St, Federal Way, WA 98003-5415
      View Details
    • Value Estimation by Request
      2,681 SF

      35500 Enchanted S Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,681 SF
      35500 Enchanted S Pkwy, Federal Way, WA 98003-8311
      View Details
    • Value Estimation by Request
      1,871 SF

      2012 320th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,871 SF
      2012 320th St, Federal Way, WA 98003-5454
      View Details
    • Value Estimation by Request
      2,966 SF

      27515 Pacific S Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,966 SF
      27515 Pacific S Hwy, Federal Way, WA 98003-2409
      View Details
    • Value Estimation
      $675,000
      1,566 SF

      31646 Pacific S Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,566 SF
      31646 Pacific S Hwy, Federal Way, WA 98003-5408
      View Details
    • Value Estimation
      $2,435,000
      3,500 SF

      1610 347th Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,500 SF
      1610 347th Pl, Federal Way, WA 98003-8950
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Site or Owner-User Restaurant

      Commercial site or owner-user restaurant in a centralized location.
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      Updated Double-Wide Manufactured Home

      Updated 3-bedroom, move-in ready home with remodeled kitchen and bathrooms.
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      Office Condominium Building Space

      Office condominium with shared basement space in Federal Way.
      30317-30321 16Th Ave S, Federal Way, WA 98003
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    • $7,000,000
      50,150 SF

      Prime Federal Way Office Building

      Executive Suites, High Cap Rate, 50,150 SF
      33400 8Th Ave, Federal Way, WA 98003
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    • Contact for pricing

      Federal Way Development Property

      4.26 acres of land with high traffic volume.
      30200 Pacific Hwy S, Federal Way, WA 98003
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    • $7,500,000

      Federal Way Office Building For Sale

      Single tenant office building leased to State of Washington.
      616 S 348Th St, Federal Way, WA 98003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      26,319 SF

      Pavilions Centre Retail Space For Lease

      Prime Federal Way retail space available.
      31601 Pacific Hwy, Federal Way, WA 98003
      View Details
    • $18 SF/Yr
      10,800 SF

      Retail Space in Federal Way

      End-cap retail space in Federal Way's retail core.
      1610 S 341St Pl, Federal Way, WA 98003
      View Details
    • $25 SF/Yr
      26,540 SF

      Federal Way Retail Center

      High-visibility retail spaces available
      32018 23Rd Ave, Federal Way, WA 98003
      View Details
    • $13 SF/Yr
      1,084 SF

      Retail Space in Twin Lakes Village

      Retail space for lease in a high-traffic shopping center.
      2120-2324 SW 336Th St, Federal Way, WA 98003
      View Details
    • $20 SF/Yr
      7,950 SF

      Federal Way Automotive Shop Space

      7,950 SF shop with ample parking in Federal Way.
      34611 16Th Ave S, Federal Way, WA 98003
      View Details
    • $1,330 /Mo
      1,330 SF

      Retail Space in Federal Way

      Retail space available for lease in Federal Way, WA.
      33110 Pacific Hwy S, Federal Way, WA 98003
      View Details

    Property Visit Statistics

    • Visits by month
      66.9k
    • Visitors by month
      44.5k
    • Avg Time on site
      14 min
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    2302 320th St
    Federal Way, WA 98003-5418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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