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    Property profile & analytics

    31003 Pacific S Hwy Federal Way, WA 98003-4903

    • Medical offices
    • 3,296 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1233810
    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

    • Medical offices

    Property Details for 31003 Pacific S Hwy

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.42 lot acres
    Property size
    3,296 SF
    Zone code
    BC
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    082104-9245
    APU
    821049245

    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
    -122.314
    Latitude
    47.3241
    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
    $9,138
    $363,800
    $503,300
    $867,100
    -
    $363,800
    $503,300
    $867,100

    Comparable in this City

    • Value Estimation by Request
      3,632 SF

      34730 Pacific S Hwy

      MEDICAL BUILDING • 3,632 SF
      34730 Pacific S Hwy, Federal Way, WA 98003-6821
      View Details
    • Value Estimation by Request
      13,906 SF

      34704 11th S Pl

      DENTAL BUILDING • 13,906 SF
      34704 11th S Pl, Federal Way, WA 98003-8730
      View Details
    • Value Estimation by Request
      6,733 SF

      1014 320th St

      MEDICAL BUILDING • 6,733 SF
      1014 320th St, Federal Way, WA 98003-5344
      View Details
    • Value Estimation by Request
      8,064 SF

      700 320th St

      MEDICAL BUILDING • 8,064 SF
      700 320th St, Federal Way, WA 98003-4691
      View Details
    • Value Estimation by Request
      8,640 SF

      533 336th St

      MEDICAL BUILDING • 8,640 SF
      533 336th St, Federal Way, WA 98003-6329
      View Details
    • Value Estimation by Request
      6,960 SF

      32105 1st S Ave

      MEDICAL BUILDING • 6,960 SF
      32105 1st S Ave, Federal Way, WA 98003-5719
      View Details

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    • $2,500,000
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      Federal Way Office Building

      Office building for sale in Federal Way, Washington.
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      8,280 SF

      Federal Way Office Space Available

      Office space near future Link Light Rail Station in Federal Way.
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    Similar Nearby for Lease

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      Maplewood Medical Center: Office Suites for Lease

      Prime Federal Way Medical Office Space Available
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    • $24 SF/Yr
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      Federal Way Office Space Available

      Professional or Medical office space for lease near St. Francis Hospital.
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      View Details
    • Contact for pricing
      2,477 SF

      Medical Office Space Available

      2,477 SF medical office space for lease.
      34616 11Th Pl S, Federal Way, WA 98003
      View Details
    • $24 SF/Yr
      803 SF

      Federal Way Office Suite Available

      803 SF office suite suitable for medical or general use.
      118 SW 330Th St, Federal Way, WA 98003
      View Details
    • $18 SF/Yr
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      Federal Way Office Space Available

      Medical or professional office space for lease in Federal Way.
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    • $18 SF/Yr
      12,036 SF

      Federal Way Class A Office

      Class A office/medical building in Federal Way's West Campus.
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      View Details

    Property Visit Statistics

    • Visits by month
      4.3k
    • Visitors by month
      2.9k
    • Avg Time on site
      21 min
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    31003 Pacific S Hwy
    Federal Way, WA 98003-4903
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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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