Financial
Distress signals
Property profile

34617 11th S Pl Federal Way, WA 98003

OFF-MARKET
Medical Office Space
Property ID
US90-1660429
23,200 SF 0.88 ac lot Built 1981
Last sale May 2021 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property provides professional or medical office space configured for leasing in the vicinity of St. Francis Hospital, near the intersections of South 348th Street and Pacific Highway South. Available suites range from approximately 1,500 to 7,617 square feet, supporting a variety of office use needs. The building is set up with on-site parking and offers access to nearby freeway routes for convenient transportation to and from the area. The office space is delivered on a modified gross

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?
$25k
Tax billed · 2022
Assessed value$2.42M
Assessed land$458k
Assessed improvement$1.96M
Effective rate1.03%

Value estimate

· Sep 2026
$2.37M
$2.13M – $2.61M
AI approach$2.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
County average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$227 – $570

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?
OP
The Purpose of this district is to promote Office Park
General categoryOPEN_SPACE
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 Center8.9
Pawn Shop8.9
Bakery8.9

Location

34617 11th S Pl Federal Way, WA 98003-8706
County assessor Recorded deeds · 8 transfers Comp sales · not on file 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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