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    Property profile & analytics

    31811 Pacific S Hwy Federal Way, WA 98003-5646

    • Outlet malls
    • 23,500 SF
    • 8.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1723552
    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

    • Outlet malls

    Property Details for 31811 Pacific S Hwy

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.21 lot acres
    Property size
    23,500 SF
    Zone code
    CC-F
    Property type
    Outlet malls
    APN
    082104-9196
    APU
    821049196

    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
    -122.315
    Latitude
    47.3172
    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
    $121,102
    $5,676,300
    $5,965,900
    $11,642,200
    -
    $5,676,300
    $5,965,900
    $11,642,200

    Comparable in this City

    • Value Estimation by Request
      123,800 SF

      2201 Cmns Commons

      WHOLESALE OUTLET, DISCOUNT STORE • 123,800 SF
      2201 Cmns Commons, Federal Way, WA 98003-6023
      View Details
    • Value Estimation by Request
      65,714 SF

      31515 Pete Von Reichbauer S Way

      WHOLESALE OUTLET, DISCOUNT STORE • 65,714 SF
      31515 Pete Von Reichbauer S Way, Federal Way, WA 98003-5599
      View Details
    • Value Estimation by Request
      137,024 SF

      35425 Enchanted S Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 137,024 SF
      35425 Enchanted S Pkwy, Federal Way, WA 98003-8306
      View Details
    • Value Estimation by Request
      207,031 SF

      34520 16th S Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 207,031 SF
      34520 16th S Ave, Federal Way, WA 98003-6802
      View Details
    • Value Estimation by Request
      125,007 SF

      1800 320th St

      WHOLESALE OUTLET, DISCOUNT STORE • 125,007 SF
      1800 320th St, Federal Way, WA 98003-5413
      View Details
    • Value Estimation by Request
      101,909 SF

      2141 314th St

      WHOLESALE OUTLET, DISCOUNT STORE • 101,909 SF
      2141 314th St, Federal Way, WA 98003-5621
      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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      1,344 SF

      Updated Double-Wide Manufactured Home

      Updated 3-bedroom, move-in ready home with remodeled kitchen and bathrooms.
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      Land For Sale

      Land available for sale in Federal Way, Washington.
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    • $2,500,000
      4,800 SF

      Federal Way Office Building

      Office building for sale in Federal Way, Washington.
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      View Details
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      Spacious Townhome in Gated Community

      3-bed, 2.5-bath townhome with lush backyard and convenient location.
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    Similar Nearby for Lease

    • Contact for pricing
      18,191 SF

      Retail Space in Federal Way

      Retail space available in Federal Way, Washington.
      35002 Pacific Hwy S, Federal Way, WA 98003
      View Details
    • $48 SF/Yr
      4,000 SF

      Retail Space in Federal Way

      Neighborhood shopping center with national and regional tenants.
      27001-27077 Pacific Hwy S, 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
    • $32 SF/Yr
      5,940 SF

      Retail Space in Federal Way

      Retail space available in a busy Federal Way shopping center.
      2500 South 320Th St, Federal Way, WA 98003
      View Details
    • $25 SF/Yr
      985 SF

      Retail Spaces in Federal Way

      Two retail spaces available for lease in Federal Way.
      32036 23Rd Ave S, Federal Way, WA 98003
      View Details
    • $19 SF/Yr
      113,925 SF

      Hillside Plaza: Retail Investment Opportunity

      Federal Way, WA Strip Mall - High Visibility
      2000 314Th St, Federal Way, WA 98003
      View Details

    Property Visit Statistics

    • Visits by month
      9.9k
    • Visitors by month
      7.5k
    • Avg Time on site
      13 min
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    31811 Pacific S Hwy
    Federal Way, WA 98003-5646
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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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