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    Property profile & analytics

    32818 Pacific S Hwy Federal Way, WA 98003-6408

    • Retail space
    • 6,000 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0912466
    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

    • Retail space

    Property Details for 32818 Pacific S Hwy

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.14 lot acres
    Property size
    6,000 SF
    Zone code
    BC
    Property type
    Retail space
    APN
    797880-0040
    APU
    7978800040

    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
    -122.312
    Latitude
    47.3074
    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
    $27,516
    $992,000
    $1,636,600
    $2,628,600
    -
    $992,000
    $1,636,600
    $2,628,600

    Comparable in this City

    • Value Estimation by Request
      19,104 SF

      35025 Enchanted S Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 19,104 SF
      35025 Enchanted S Pkwy, Federal Way, WA 98003-8378
      View Details
    • Value Estimation by Request
      119,143 SF

      32057 Pacific S Hwy

      RETAIL STORES (PERSONAL SERVICES) • 119,143 SF
      32057 Pacific S Hwy, Federal Way, WA 98003
      View Details
    • Value Estimation by Request
      21,504 SF

      31014 Pacific S Hwy

      RETAIL STORES (PERSONAL SERVICES) • 21,504 SF
      31014 Pacific S Hwy, Federal Way, WA 98003-4904
      View Details
    • Value Estimation
      $4,800,000
      9,135 SF

      33012 Pacific S Hwy

      RETAIL STORES (PERSONAL SERVICES) • 9,135 SF
      33012 Pacific S Hwy, Federal Way, WA 98003-6410
      View Details
    • Value Estimation
      $365,000
      2,400 SF

      2408 288th St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2408 288th St, Federal Way, WA 98003-7947
      View Details
    • Value Estimation
      $230,000
      840 SF

      1443 308th St

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      1443 308th St, Federal Way, WA 98003-4735
      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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      Federal Way Office Space Available

      Office space near future Link Light Rail Station in Federal Way.
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    • $296,000
      1,008 SF

      Top-Floor Condo with Lake Views

      Top-floor condo with lake views, open layout, and covered parking.
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      Commercially Zoned Land For Sale

      Commercially zoned land near I-5 and various businesses.
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    Similar Nearby for Lease

    • $4,500,000
      9,998 SF

      Standalone Retail Building For Lease

      Remodeled retail building with high visibility and ample parking.
      30650 Pacific Hwy S, Federal Way, WA 98003
      View Details
    • $24 SF/Yr
      2,200 SF

      Federal Way Retail Space Available

      Retail space available for lease in Federal Way, Washington.
      1115 South 348Th St, Federal Way, WA 98003
      View Details
    • $25 SF/Yr
      22,864 SF

      Retail Space Near Light Rail

      Retail property near future light rail station and shopping mall.
      31830 Pacific Hwy South, 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
    • $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
    • $1,330 /Mo
      1,330 SF

      Retail Space in Federal Way

      Retail space available for lease in Federal Way, WA.
      33110 Pacific Hwy S, Federal Way, WA 98003
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.1k
    • Avg Time on site
      15 min
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    32818 Pacific S Hwy
    Federal Way, WA 98003-6408
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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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