Property profile

33310 1st S Way Federal Way, WA 98003

OFF-MARKET
Day care centers
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Property ID
US90-1625008
14,444 SF 1.49 ac Built 1975
Last sale Jan 2021·$2,005,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$29k
Tax billed · 2022
Assessed value$2.89M
Assessed land$780k
Assessed improvement$2.11M
Effective rate1.02%

Value estimate

· Nov 2026
$2.16M
$1.94M – $2.38M
AI approach$2.12M
Submarket $/SF estimate$1.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$212 – $802

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.2
Hotel & Motel14.7
Garden Center14.3

Location

33310 1st S Way Federal Way, WA 98003-4544
County assessor Recorded deeds · 6 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

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1122 322nd, Federal Way, WA 98003-8472 $3,602,817 Jul 2022 6,016 SF
33504 13th S, Federal Way, WA 98003-6358 $1,500,000 Jul 2020 8,055 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

Ask Rey → ChatGPT Grok Claude
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