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    Property profile & analytics

    32945 Pacific S Hwy Federal Way, WA 98003-6482

    • Outlet malls
    • 18,870 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1687344
    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 32945 Pacific S Hwy

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.56 lot acres
    Property size
    18,870 SF
    Zone code
    BC
    Property type
    Outlet malls
    APN
    172104-9068
    APU
    1721049068

    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
    -122.314
    Latitude
    47.3065
    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
    $31,428
    $1,363,200
    $1,538,500
    $2,901,700
    -
    $1,363,200
    $1,538,500
    $2,901,700

    Comparable in this City

    • Value Estimation by Request
      123,800 SF

      2201 Cmns Commons

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      2201 Cmns Commons, Federal Way, WA 98003-6023
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    • 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
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    • 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
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    • Value Estimation by Request
      137,155 SF

      1715 352nd St

      WHOLESALE OUTLET, DISCOUNT STORE • 137,155 SF
      1715 352nd St, Federal Way, WA 98003-8316
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    • 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
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    • Value Estimation by Request
      159,614 SF

      35100 Enchanted S Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 159,614 SF
      35100 Enchanted S Pkwy, Federal Way, WA 98003-8314
      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

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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

    • 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
    • $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
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    • $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
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    • $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
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    • $1,300 /Mo
      1,600 SF

      Upgraded Plaza with Great Visibility

      Large, upgraded plaza suitable for fitness, medical, office, or service.
      32020 1St Ave S, Federal Way, WA 98003
      View Details

    Property Visit Statistics

    • Visits by month
      13.7k
    • Visitors by month
      9.9k
    • Avg Time on site
      23 min
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    32945 Pacific S Hwy
    Federal Way, WA 98003-6482
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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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