822 333Rd StFederal Way, WA 98003

  • Warehouses
  • 25,136 SF

Property Details for 822 333Rd St

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.87 AC
Property size (Sq ft)
25,136 SF
Zone code
OP
Property type
Warehouses
APN
926500-0160
APU
9265000160

Description

This exceptional single-tenant medical office building, totaling 24,928 square feet, presents a unique investment opportunity in the thriving Federal Way, Washington market. Situated at 822 S 333rd St, in King County, this one-story building offers a substantial footprint ideal for a variety of medical uses. The property's single-tenant occupancy provides stability and predictable income streams. Its convenient location in Federal Way offers easy access to major transportation routes and a robust local population base. The building's size and layout are well-suited for inpatient rehabilitation facilities or other medical practices requiring significant space. Detailed building plans and specifications are available upon request. This property represents a compelling investment opportunity for those seeking a stable, single-tenant medical office building in a high-growth area. The address is 822 S 333rd St, Federal Way, WA 98003. The property is located in King County and offers a significant square footage of 24,928 square feet. This is a single-tenant property, providing a streamlined ownership experience. Further information regarding the property's financial performance and operational details can be provided to qualified buyers. This is a prime opportunity to acquire a well-located and established medical office building in a desirable market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,785,518
    Hospitality
    $7,131,492
    Educational
    $5,933,318
    Medical
    $6,137,374
    Retail
    $9,229,605

Location Insight

City
Federal Way
County
King
State
Washington
Latitude
47.3058
Longitude
-122.326
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$35,618
$976,800
$2,433,400
$3,410,200
-
$976,800
$2,433,400
$3,410,200

FAQs

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