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Property profile & analytics
OFF-MARKET Estimated value $7,320,000
Auto shops

35700 Enchanted S Pkwy Federal Way, WA 98003-8313

19,250 SF 6.24 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-0724591
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,250 SF
Lot 6.24 ac (271,896 SF)
Zoning code CE
APN 282104-9069
UPID US90-0724591
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
$6.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.41M
Blend (final) Blend
$7.32M
Owner & transaction history
35700 Enchanted LLC · 3 yrs held
35700 Enchanted LLC
since 2022
Last sale
$7.5M
7 recorded transactions
2024
Price N/A
2022
$7.5M
2022
Price N/A
2018
Price N/A
2017
Price N/A
2010
Price N/A
1969
Price N/A
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
Commercial (general) $10.1M +52.7%
Restaurant $9.6M +45.0%
Medical building $7.6M +14.8%
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