34211 Pacific S Hwy Federal Way, WA 98003-6791
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CE · Federal Way, WAFederal Way. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.