Financial
Distress signals
Property profile

33710 9th S Ave Federal Way, WA 98003

OFF-MARKET
Office buildings
Property ID
US90-1244507
12,226 SF 2.42 ac lot Built 1979
Last sale Jan 2023 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Forum Office Park is a two-building office property totaling approximately 22,522 square feet in Federal Way, Washington. The buildings were constructed in 1979 and underwent partial renovation in 1985. The office park is positioned along the city’s primary office corridor with immediate access to major highways, providing regional connectivity. The property is configured for office use and consists of a multi-building campus setting within a suburban market.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$33k
Tax billed · 2022
Assessed value$3.00M
Assessed land$1.26M
Assessed improvement$1.73M
Effective rate1.11%

Value estimate

· Sep 2026
$4.18M
$3.76M – $4.59M
AI approach$4.31M
CAP approach$4.23M
Sales comparison$4.57M

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel9.4
Parking Facility9.5
Pawn Shop9.2

Location

33710 9th S Ave Federal Way, WA 98003-6734
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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