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Property profile & analytics
OFF-MARKET Estimated value $1,585,000
Auto shops

34603 16th S Ave Federal Way, WA 98003-6803

5,289 SF 0.52 ac lot Built 1980
Entity Owned ~ Est. High Equity
Property ID
US90-1713273
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Construction STEEL FRAME
Total area 5,289 SF
Lot 0.52 ac (22,511 SF)
Zoning code CE
APN 889700-0065
UPID US90-1713273
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
$1.58M
Blend (final) Blend
$1.59M
Owner & transaction history
Auto Werkstatt Properties LLC
Auto Werkstatt Properties LLC
since 2026
Last sale
$2.1M
7 recorded transactions
2026
$2.1M
2025
Price N/A
2023
Price N/A
2023
Price N/A
2020
Price N/A
2019
$425,000
2006
$763,000
Zoning & alternative use
CE · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

means the CE zoning district. “Industrial uses” means those uses allowed only in the CE zone as listed in FWRC 19.240.010 through 19.240.040 . “Inflatable advertising device” means an advertising device that is inflated by some means and used to attract attention, advertise, promote, market, or display goods and/or services. These devices include large singl…

Zone name Commercial Enterprise
General category COMMERCIAL
Zone area 498.14 ac
Top alternative use upside
Restaurant $2.6M +45.0%
Medical building $2.1M +14.8%
Apartment house (5+ units) $1.8M +0.8%
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