Property profile

32300 1st S Ave Federal Way, WA 98003

OFF-MARKET
Assisted living facilities
Property ID
US90-1070485
54,831 SF 1.35 ac lot Built 1986
Individually Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 54,831 SF
Lot 1.35 ac (58,594 SF)
Zoning code RM1800
APN 172104-9073
UPID US90-1070485

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Physician
  • Physician

Location

32300 1st S Ave Federal Way, WA 98003-5762
Federal Way metro Census 30314 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
$905k
Blend (final) Blend
$915k

Owner & transaction history

since 2000
2 recorded transactions
2000
Price N/A
1969
Price N/A

Zoning & alternative use

RM1800 · Federal Way, WA
Zoning description

The Purpose of this district is to promote Multi Family 1 Unit Per 1800 Square Feet

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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