$25 SF/Yr 22,864 SF available

31830 Pacific Hwy South, Federal Way, WA 98003
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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?

$74k

Tax billed · 2022

Assessed value$7.40M

Assessed land$2.34M

Assessed improvement$5.06M

Effective rate1.00%

Value estimate

· Oct 2026

$1.95M

$1.76M – $2.15M

Submarket $/SF estimate$2.15M

NOI build-up

Gross scheduled income$604k

Vacancy & credit loss−$19k

Operating expenses−$175k

NOI · 1,636,024.00% cap applied$409k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$525/SF

Submarket average, outlier-cleaned · 51 recorded sales of this use type

Observed band · Q1–Q3$162 – $884

Qualifying comparables6

Cap rate analysis

How does the asset earn?

1,636,024.00%

$409k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

CC-C

JurisdictionKING

Location intelligence

Which uses thrive at this corner?

Best fit: Electrical Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Electrical Service9.4

Garden Center9.3

Storage Facility8.7

31830 Pacific Hwy South Federal Way, WA 98003

County assessor Recorded deeds · 8 transfers 6 qualifying comp sales 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 · 6 properties nearby

Address Sale price Sold Size

34428 Pacific S, Federal Way, WA 98003-7325 $2,150,000 Oct 2022 7,392 SF

1710 344th, Federal Way, WA 98003-6851 $3,650,000 Jun 2022 13,220 SF

1200 324th, Federal Way, WA 98003-8446 $2,500,000 Dec 2019 12,698 SF

32717 1st S, Federal Way, WA 98003-5758 $2,500,000 Dec 2019 12,185 SF

1505 328th, Federal Way, WA 98003-6334 $3,500,000 Nov 2019 18,573 SF

29100 Pacific S, Federal Way, WA 98003-3877 $3,000,000 Sep 2019 10,000 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

Value Estimation
$2,990,000

12,698 SF

1200 324th St

COMMERCIAL (GENERAL)

1200 324th St, Federal Way, WA 98003-8446

View Details
Value Estimation
$2,200,000

12,550 SF

29314 Pacific S Hwy

COMMERCIAL (GENERAL)

29314 Pacific S Hwy, Federal Way, WA 98003-3863

View Details
Value Estimation
$2,550,000

12,185 SF

32717 1st S Ave

COMMERCIAL (GENERAL)

32717 1st S Ave, Federal Way, WA 98003-5758

View Details
Value Estimation
$3,450,000

13,220 SF

1710 344th St

SHOW ROOM, WAREHOUSE

1710 344th St, Federal Way, WA 98003-6851

View Details
Value Estimation
$1,625,000

10,386 SF

34512 16th S Ave

COMMERCIAL (GENERAL)

34512 16th S Ave, Federal Way, WA 98003-6847

View Details
Value Estimation
$3,995,000

18,280 SF

29500 Pacific S Hwy

COMMERCIAL (GENERAL)

29500 Pacific S Hwy, Federal Way, WA 98003-3878

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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31830 Pacific Hwy South Federal Way, WA 98003