New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,025,000
Warehouses
840 333rd St, Federal Way, WA 98003-6343
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1234908
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
95,656 SF
Lot
3.82 ac (166,473 SF)
Zoning code
OP
APN
926500-0150
UPID
US90-1234908
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.03M
Owner & transaction history
Amgp Properties LLC · 8 yrs held
Amgp Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
OP · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Federal Way submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Federal Way submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$186,770
Tax year 2022
Assessed value
$18,786,700
Assessed 2022
Previous assessed
$18,786,700
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,997,600
Assessed improvement
$16,789,100
Land market value
$1,997,600
Improvement market value
$16,789,100
Total market value
$18,786,700
Applied tax rate
1,205.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
3
Total area
95,656 SF
Lot
3.82 ac (166,473 SF)
Zoning code
OP
APN
926500-0150
UPID
US90-1234908
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OP · Federal Way, WA
Zoning OP · permitted uses
OP · Federal Way, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Federal Way. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
3
Lot
3.82 ac
Current owner
From public records · entity-resolved
Amgp Properties LLC
Entity
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
—
Amgp Properties LLC
—
Deed
related
$1,800,000 · First Citizens Bank & Trust Co
Sep 29, 2017
$6,200,000
Amgp Properties LLC
Weyerhaeuser Nr Company
Bargain And Sale Deed
$4,650,000 · First Citizens Bank & Trust Co
Feb 9, 2016
$70,500,000
Federal Way Campus LLC
Weyerhaeuser Nr Co
Trustees Deed
$25,000,000 · Cpif Lending LLC
Jan 5, 2009
—
Weyerhaeuser Nr Co
Weyerhaeuser
Quit Claim Deed
related
—
Jun 13, 2005
—
City Of Federal Way
Weyerhaeuser
Quit Claim Deed
related
—
Dec 15, 1995
$4,649,655
Weyerhaeuser Co
Chung Trust
Grant Deed
—
Jul 8, 1991
$4,772,500
Nam Young Trstee Etal Chung
Jamar Assoc Ltd
Grant Deed
$2,815,800 · Manufacturers Life Insurance
Dec 22, 1989
$669,904
Jamar Associates Ltd P
Quadrant
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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