Financial
Distress signals
Property profile

34303 Pacific S Hwy Federal Way, WA 98003

OFF-MARKET
Office buildings
Property ID
US90-0954691
23,334 SF 1.35 ac lot Built 1962
Last sale Dec 2006 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,400 square foot office space, part of the Event Experience Building in Federal Way, WA, is immediately available for lease. Located on a 1.35-acre lot (58,965 sq ft), this Class A building boasts a single-tenant occupancy and offers a unique blend of medical, creative, and traditional office suitability. Built in 1962 and extensively renovated in 2005, the property features a modern upscale décor, including exposed high ceilings with new ductwork, creating a bright and

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?
$39k
Tax billed · 2022
Assessed value$3.78M
Assessed land$943k
Assessed improvement$2.84M
Effective rate1.04%

Value estimate

· Sep 2026
$3.96M
$3.56M – $4.36M

Realmo valuation models over county records and 3 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 comparables3

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?
CE
The Purpose of this district is to promote Commercial Enterprise
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.1
Bakery9.0
Travel Agency8.9

Location

34303 Pacific S Hwy Federal Way, WA 98003-8907
County assessor Recorded deeds · 5 transfers 3 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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