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Property profile

33301 9th S Ave Federal Way, WA 98003

OFF-MARKET
Office buildings
Property ID
US90-1642889
53,825 SF 3.15 ac lot Built 1985
Last sale Jun 2021 · $5,880,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Summit is a standalone Class A office building in Federal Way, Washington, situated in the West campus area. The building incorporates art deco design elements and features floor-to-ceiling windows that bring natural light into the interior office spaces. It has dedicated parking available on site and offers large, open interior office floor areas on the second and third levels that can be customized for business use and tenant improvement remodeling. The property is located near local…

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?
$75k
Tax billed · 2022
Assessed value$7.35M
Assessed land$1.65M
Assessed improvement$5.70M
Effective rate1.02%

Value estimate

· Oct 2026
$4.74M
$4.26M – $5.21M
AI approach$4.97M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$288/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$123 – $395

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?
OP
The Purpose of this district is to promote Office Park
General categoryOPEN_SPACE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.7
Hotel & Motel12.2
Garden Center11.6

Location

33301 9th S Ave Federal Way, WA 98003-2602
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
720 333rd, Federal Way, WA 98003-7357 $3,416,000 Sep 2024 32,148 SF
530 336th, Federal Way, WA 98003-6383 $3,160,000 Sep 2024 12,700 SF
34001 Pacific S, Federal Way, WA 98003-7098 $6,950,000 May 2024 17,575 SF
32020 1st S, Federal Way, WA 98003-5717 $50,000 May 2023 17,460 SF
33400 9th S, Federal Way, WA 98003-2607 $8,000,000 Jun 2022 59,572 SF
181 333rd, Federal Way, WA 98003-7363 $2,660,000 Feb 2022 20,928 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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