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Property profile

501 336th St Federal Way, WA 98003

OFF-MARKET
Office buildings
Property ID
US90-3336867
30,858 SF 2.5 ac lot Built 1982
Last sale Sep 2001 · $16,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Fountain Plaza I & II offers exceptional Class A executive office space in the CBA Federal Way submarket of King County. This two-building complex boasts a total of 48,387 square feet, spread across six stories, providing a variety of options for businesses of all sizes. Currently, there are multiple tenancies available, with a minimum divisible space of 1,694 square feet and a maximum contiguous space of 13,099 square feet. A significant 28,083 square feet of space is currently vacant,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$39k
Tax billed · 2022
Assessed value$3.66M
Assessed land$1.22M
Assessed improvement$2.44M
Effective rate1.05%

Value estimate

· Oct 2026
$4.54M
$4.08M – $4.99M
Submarket $/SF estimate$5.59M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$288/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$123 – $395

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.4
Garden Center11.0
Bakery10.3

Location

501 336th St Federal Way, WA 98003-6745
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 333rd, Federal Way, WA 98003-7357 $3,416,000 Sep 2024 32,148 SF
530 336th, Federal Way, WA 98003-6383 $3,160,000 Sep 2024 12,700 SF
34001 Pacific S, Federal Way, WA 98003-7098 $6,950,000 May 2024 17,575 SF
32020 1st S, Federal Way, WA 98003-5717 $50,000 May 2023 17,460 SF
33400 9th S, Federal Way, WA 98003-2607 $8,000,000 Jun 2022 59,572 SF
181 333rd, Federal Way, WA 98003-7363 $2,660,000 Feb 2022 20,928 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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