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    Property profile & analytics

    33510 21st SW Ave Federal Way, WA 98023-2874

    • Retail space
    • 6,053 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1411851
    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 33510 21st SW Ave

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.64 lot acres
    Property size
    6,053 SF
    Zone code
    BN
    Property type
    Retail space
    APN
    132103-9100
    APU
    1321039100

    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
    -122.36
    Latitude
    47.3017
    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
    $14,569
    $555,800
    $851,900
    $1,407,700
    -
    $555,800
    $851,900
    $1,407,700

    Comparable in this City

    • Value Estimation by Request
      14,488 SF

      34008 Hoyt SW Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,488 SF
      34008 Hoyt SW Rd, Federal Way, WA 98023-3208
      View Details
    • Value Estimation
      $8,795,000
      1,840 SF

      3440 320th St

      RETAIL STORES (PERSONAL SERVICES) • 1,840 SF
      3440 320th St, Federal Way, WA 98023-2293
      View Details
    • Value Estimation by Request
      6,558 SF

      803 312th St

      RETAIL STORES (PERSONAL SERVICES) • 6,558 SF
      803 312th St, Federal Way, WA 98023-4526
      View Details
    • Value Estimation by Request
      3,840 SF

      2301 336th St

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      2301 336th St, Federal Way, WA 98023-3823
      View Details
    • Value Estimation
      $200,000
      1,764 SF

      112 312th St

      RETAIL STORES (PERSONAL SERVICES) • 1,764 SF
      112 312th St, Federal Way, WA 98023-4609
      View Details
    • Value Estimation by Request
      14,568 SF

      33520 21st SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,568 SF
      33520 21st SW Ave, Federal Way, WA 98023-2874
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      CVS Zero Cash Flow Asset

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      1.85 Acres

      Federal Way Buildable Lots Opportunity

      Five adjacent lots totaling 1.853 acres in Federal Way.
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    Similar Nearby for Lease

    • Contact for pricing
      2,655 SF

      Retail Space in Federal Way

      Retail space available for lease in Federal Way, Washington.
      4627 SW 320Th St, Federal Way, WA 98023
      View Details
    • Contact for pricing
      1,224 SF

      Federal Way Retail Space Available

      Retail space available for lease in Federal Way, Washington.
      1700-1916 S 320Th St, Federal Way, WA 98023
      View Details
    • $16 SF/Yr
      850 SF

      Retail/Office Space in Federal Way

      850 SF retail/office space with high visibility.
      3400-3560 SW 320Th St, Federal Way, WA 98023
      View Details
    • $13 SF/Yr
      31,795 SF

      Federal Way Retail Space Available

      31,795 SF retail space in a high-visibility location.
      2131 SW 336Th St, Federal Way, WA 98023
      View Details
    • Contact for pricing
      40,639 SF

      Retail Space Available Now

      40,639 SF retail space in a high-visibility location.
      2109 SW 336Th St, Federal Way, WA 98023
      View Details
    • $24 SF/Yr
      450 SF

      Retail Space Near The Commons

      Retail space in Federal Way, near major retailers.
      1200 S 324Th St, Federal Way, WA 98023
      View Details

    Property Visit Statistics

    • Visits by month
      8.2k
    • Visitors by month
      6.8k
    • Avg Time on site
      14 min
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    33510 21st SW Ave
    Federal Way, WA 98023-2874
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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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