Property profile

29928 Pacific S Hwy Federal Way, WA 98003

OFF-MARKET
Day care centers
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Property ID
US90-0727498
4,000 SF 0.45 ac Built 1974
Last sale Jun 1989·$165,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This freestanding commercial building contains approximately 4,000 square feet and was originally constructed in 1974, with an effective year built of 1990. It is configured and has a history of use as a licensed childcare facility, and it is described as having a current license capacity for 90 children and operating continuously in that capacity for more than 35 years. The property is located on a 0.45-acre parcel with approximately 135 feet of frontage along Pacific Highway South, a primary north–south arterial serving the greater South King County trade area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value$740k
Assessed land$311k
Assessed improvement$429k
Effective rate1.06%

Value estimate

· Nov 2026
$320k
$288k – $352k
AI approach$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$212 – $802

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.5
Building Supply31.4
Law Firm28.7

Location

29928 Pacific S Hwy Federal Way, WA 98003-4234
County assessor Recorded deeds · 5 transfers Qualifying 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

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1122 322nd, Federal Way, WA 98003-8472 $3,602,817 Jul 2022 6,016 SF
33310 1st S, Federal Way, WA 98003-4544 $2,005,000 Jan 2021 14,444 SF
33504 13th S, Federal Way, WA 98003-6358 $1,500,000 Jul 2020 8,055 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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