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Property profile & analytics
FOR LEASE
Office buildings

33301 9Th Ave S Federal Way, WA 98003

53,825 SF 3.15 ac lot Built 1985
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1642889
Property summary
AI-generated overview

The Summit Professional Building, a Class A office property located at 33301 9th Avenue South in Federal Way, WA 98003, offers exceptional executive office space for lease. This single, three-story building, constructed in 1985, boasts a total of 53,825 square feet situated on a 3.15-acre lot. The building features convenient elevators and ample parking. Currently, there is significant vacant space available, ranging from a minimum of 3,335 square feet to a maximum contiguous space of 17,771 square feet, providing flexibility for businesses of various sizes. The property is zoned OP and is ideally suited for executive office tenants seeking a prestigious location in King County. The building's modern design and prime location make it an attractive option for companies looking to establish or expand their presence in the Federal Way area. With multiple tenancy options available, this property presents a unique opportunity to secure high-quality office space in a thriving business community. The building's substantial size and flexible floor plans cater to a wide range of business needs. Interested parties are encouraged to inquire about available space and lease terms.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction CONCRETE
Total area 53,825 SF
Lot 3.15 ac (137,112 SF)
Zoning code OP
APN 926501-0130
UPID US90-1642889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.37M
Owner & transaction history
Alpha Pacific Limited Liability Com · 5 yrs held
Alpha Pacific Limited Liability Com
since 2021
Last sale
$5.9M
5 recorded transactions
2021
$5.9M
2004
$8.3M
2003
$6.6M
1997
$4.9M
1969
Price N/A
Zoning & alternative use
OP · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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