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Property profile & analytics
OFF-MARKET Estimated value $4,960,000
Medical Office Space

34612 6th S Ave Federal Way, WA 98003-8723

24,105 SF 1.28 ac lot Built 2006
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US90-0486717
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,105 SF
Lot 1.28 ac (55,584 SF)
Zoning code OP
APN 926480-0010
UPID US90-0486717
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
$4.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.96M
Owner & transaction history
Fwasc LLC · 21 yrs held
Fwasc LLC
since 2004
6 recorded transactions
2020
Price N/A
2004
$445,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OP · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

” means the PO, OP and CP-1 zoning districts. “ On-site hazardous waste treatment and storage facilities ” means facilities which treat and store hazardous wastes generated on the same property or geographically contiguous properties, which may be divided by public or private right-of-way if the entrance and exit between the properties is at a crossroads int…

Zone name Office Park
General category OPEN_SPACE
Zone area 474.06 ac
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