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Property profile & analytics
OFF-MARKET Estimated value $1,270,000
Assisted living facilities

491 338th St Federal Way, WA 98003-6290

45,850 SF 5.03 ac lot Built 2001
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US90-1306591
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 45,850 SF
Lot 5.03 ac (218,977 SF)
Zoning code OP
APN 926480-0220
UPID US90-1306591
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
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.27M
Owner & transaction history
Federal Way Real Estate Investors L · 7 yrs held
Federal Way Real Estate Investors L
since 2018
6 recorded transactions
2018
Price N/A
2006
Price N/A
1998
Price N/A
1998
$1.2M
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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