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    27300 Pacific S Hwy Federal Way, WA 98003-2413
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    Property profile & analytics

    27300 Pacific S Hwy, Federal Way, WA 98003-2413

    View on Map

    • Retail space
    • 13,640 SF
    • 1.01 lot acres
    Off-Market
    Last Sale Jul 22, 2021
    $3,151,528
    Property ID
    US90-0690222
    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
    $3,050,000
    Show details
    Cap Rate Potential
    8.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 27300 Pacific S Hwy

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.01 lot acres
    Zone code
    BC
    Property type
    Retail space
    APN
    872992-0030
    APU
    8729920030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 22, 2021 — Federal Way Az Property LLC Nelson B Correll JR Quit Claim Deed · related —
    Oct 14, 2020 — Correll Trust Nelson B Correll JR. Quit Claim Deed · related —
    Feb 4, 2014 — Kaster,robert F & F C 2013 Trust Kaster,frances A Quit Claim Deed · related —
    Jan 12, 2006 — Frances A Kaster Kaster,robert F Quit Claim Deed · related —
    Nov 30, 2005 $3,151,528 Nelson B Correll JR. Baldridge-federal Way LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,910,000
      ML approach
      $2,995,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,065,000
      6.5%
      $3,755,000
      7%
      $3,485,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,207,000
      Market price range: $1.75M - $5.55M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,615,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $4,730,000
      Change: +31% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,690,000
      Change: +30% Conversion: Difficult
      OFFICE BUILDING
      $3,925,000
      Change: +9% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.309
    Latitude
    47.3571
    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
    $32,525
    $790,300
    $2,381,800
    $3,172,100
    -
    $790,300
    $2,381,800
    $3,172,100

    Property Visit Statistics

    • Visits by month
      12.3k
    • Visitors by month
      8.9k
    • Avg Time on site
      20 min
    More about this property
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