Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

32105 1st S Ave Federal Way, WA 98003

OFF-MARKET
Medical Office Space
Property ID
US90-1395227
6,960 SF 1.62 ac lot Built 1975
Last sale Mar 2018 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$28k
Tax billed · 2022
Assessed value$2.60M
Assessed land$704k
Assessed improvement$1.89M
Effective rate1.06%

Value estimate

· Oct 2026
$835k
$752k – $919k
Submarket $/SF estimate$630k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$395/SF
County average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$227 – $570
Qualifying comparables3

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?
PO
The Purpose of this district is to promote Professional Office
General categoryUNKNOWN
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 Service9.9
Tailor Shop9.7
Auto Repair Shop9.5

Location

32105 1st S Ave Federal Way, WA 98003-5719
County assessor Recorded deeds · 2 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27320 Pacific S, Federal Way, WA 98003-2413 $2,300,000 May 2024 6,500 SF
34700 11th S, Federal Way, WA 98003-6715 $1,850,000 Feb 2024 3,881 SF
33400 13th S, Federal Way, WA 98003-6357 $1,250,000 Oct 2023 4,130 SF
1715 324th, Federal Way, WA 98003-8545 $1,275,000 Nov 2022 5,438 SF
34621 11th S, Federal Way, WA 98003 $157,000 May 2021 3,943 SF
1107 347th, Federal Way, WA 98003-6718 $1,350,000 Feb 2020 2,994 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
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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