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Financial
Distress signals
Property profile

34310 9th S Ave Federal Way, WA 98003

OFF-MARKET
Other industrial properties
Property ID
US90-1642347
27,593 SF 5.27 ac lot Built 1979
Last sale Apr 2006 · $6,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex distribution warehouse is configured for light manufacturing and distribution with a small office component. The building is organized into multiple bays, and each bay includes restrooms as well as a small office and reception area. Interior finishes include new carpet and fresh paint. The facility is served by 3-phase power and has grade-level loading doors sized 10’ x 10’, with an estimated clear height of approximately 14’ to 15’. The property is positioned near major roadways,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$142k
Tax billed · 2022
Assessed value$13.87M
Assessed land$2.75M
Assessed improvement$11.12M
Effective rate1.02%

Value estimate

· Oct 2026
$3.95M
$3.56M – $4.35M
CAP approach$4.27M

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

Recently sold

What actually traded nearby?
$635/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$199 – $988
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?
CE
The Purpose of this district is to promote Commercial Enterprise
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.3
Bakery8.6
Pet Grooming Service8.3

Location

34310 9th S Ave Federal Way, WA 98003-6794
County assessor Recorded deeds · 6 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34004 9th S, Federal Way, WA 98003-6737 $15,095,000 Mar 2023 18,741 SF
801 336th, Federal Way, WA 98003-6310 $14,405,000 Mar 2023 16,441 SF
34202 16th S, Federal Way, WA 98003-7828 $21,500,000 May 2022 15,184 SF
34110 9th S, Federal Way, WA 98003-6710 $5,370,000 Nov 2020 33,266 SF
34100 9th S, Federal Way, WA 98003-7393 $5,550,000 Jul 2019 39,944 SF
35200 Pacific S, Federal Way, WA 98003-5704 $2,880,000 Feb 2019 17,368 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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