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Property profile & analytics
OFF-MARKET Estimated value $930,000
Office buildings

34211 Pacific S Hwy Federal Way, WA 98003-6791

3,952 SF 3.2 ac lot Built 1978
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1576018
Property summary
AI-generated overview

This exceptional commercial property in Federal Way, Washington, presents a unique investment opportunity. The offering encompasses a 3,952 square foot office building situated on a substantial 2.19-acre lot. The property features a paved parking area surrounding the office building and approximately 2.19 acres of graveled and fenced yard space, ideal for various commercial uses (the exact usable area requires verification). The office building consists of a single suite, offering flexibility for a variety of tenants. The property is zoned Commercial Enterprise (CE), allowing for a range of business operations. Its strategic location on Pacific Highway South provides excellent visibility and accessibility. The site benefits from its proximity to major transportation arteries, including the Highway 18/I-5 interchange, placing it within easy reach of the Port of Tacoma and a wealth of retail and service amenities. The property's address is 34211 Pacific Highway S, Federal Way, WA 98003, with King County Assessor's Parcel Number (APN) 202104-9053. This combination of office space and expansive yard area makes this property highly suitable for businesses requiring both office functionality and substantial outdoor space. Serious inquiries are encouraged to explore the potential of this versatile commercial property.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction WOOD
Total area 3,952 SF
Lot 3.2 ac (139,448 SF)
Zoning code CE
APN 202104-9053
UPID US90-1576018
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k
Owner & transaction history
Graham Real Ventures LLC · 14 yrs held
Graham Real Ventures LLC
since 2011
5 recorded transactions
2011
$510,000
2003
Price N/A
2002
$899,000
1991
$840,000
1969
Price N/A
Zoning & alternative use
CE · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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