Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

31627 1st S Ave Federal Way, WA 98003

OFF-MARKET
Office buildings
Property ID
US90-0727524
7,440 SF 11.51 ac lot Built 1977
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$10k
Tax billed · 2022

Value estimate

· Oct 2026
$480k
$432k – $528k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$288/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$123 – $395

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?
RS9.6
The Purpose of this district is to promote Single Family 1 Unit Per 9600 Square Feet
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.9
Hair Salon10.9
Electrical Service10.7

Location

31627 1st S Ave Federal Way, WA 98003-5201
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33308 13th S, Federal Way, WA 98003-6390 $1,550,000 Apr 2025 6,316 SF
1814 324th, Federal Way, WA 98003-8582 $400,000 Jan 2025 6,096 SF
34400 Pacific S, Federal Way, WA 98003-7830 $1,500,000 May 2023 6,000 SF
930 336th, Federal Way, WA 98003-6384 $2,650,000 Oct 2022 11,473 SF
34709 9th S, Federal Way, WA 98003-8722 $3,850,000 Apr 2022 9,396 SF
33427 Pacific S, Federal Way, WA 98003-6897 $1,450,000 Jun 2021 9,416 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31627 1st S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved