Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

34512 16th S Ave Federal Way, WA 98003

OFF-MARKET
Commercial real estate
Property ID
US90-1559091
10,386 SF 0.95 ac lot Built 2010
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$44k
Tax billed · 2022
Assessed value$4.52M
Assessed land$1.24M
Assessed improvement$3.28M
Effective rate0.96%

Value estimate

· Oct 2026
$1.63M
$1.46M – $1.79M
Submarket $/SF estimate$1.76M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$162 – $884
Qualifying comparables12

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 Shop9.5
Pawn Shop9.0
Bakery8.9

Location

34512 16th S Ave Federal Way, WA 98003-6847
County assessor Recorded deeds · 1 transfer 12 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34428 Pacific S, Federal Way, WA 98003-7325 $2,150,000 Oct 2022 7,392 SF
1710 344th, Federal Way, WA 98003-6851 $3,650,000 Jun 2022 13,220 SF
32717 1st S, Federal Way, WA 98003-5758 $2,500,000 Dec 2019 12,185 SF
1200 324th, Federal Way, WA 98003-8446 $2,500,000 Dec 2019 12,698 SF
29100 Pacific S, Federal Way, WA 98003-3877 $3,000,000 Sep 2019 10,000 SF
27905 Pacific S, Federal Way, WA 98003-2468 $720,000 Sep 2019 6,419 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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