33400 9Th AveFederal Way, WA 98003

Property Details for 33400 9Th Ave

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.97 AC

Property size (Sq ft)

59,572 SF

Zone code

OP

Property type

Office properties

Property subtype

Office buildings

APN

926501-0060

APU

9265010060

Description

This exceptional two-story Class A office building, totaling 38,641 square feet, presents a rare opportunity in West Campus Federal Way. Built in 1999 and renovated in 2002, the property boasts a desirable location with convenient access to major transportation arteries, including I-5, Hwy-99, and Hwy-18. The building offers multiple tenancy options, with spaces ranging from a minimum of 960 square feet to a maximum contiguous space of 5,698 square feet. Currently, 15,711 square feet of space is available. The building features ample parking with 141 spaces and elevators for convenient access to all floors. Situated on a 1.97-acre lot, the building is zoned OP and is classified as King County property. This meticulously maintained building provides a professional and efficient work environment, ideal for businesses seeking a prestigious address and convenient access to key transportation routes. The building's modern design and amenities, combined with its strategic location, make it an attractive option for a variety of businesses. Inquire today to explore the available spaces and secure your ideal office solution.

• CAP approach

  CAP return

  Valuation

  6%

  $16,120,330

  6.5%

  $14,880,304

  7%

  $13,817,425

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,975,063

  Geo Method

  $11,472,376

• Alternative Use

  Use

  Valuation

  Residential

  $18,451,578

  Hospitality

  $16,901,546

  Educational

  $14,061,888

  Medical

  $14,545,498

  Retail

  $21,874,048

Location Insight

City

Federal Way

County

King

State

Washington

Latitude

47.3024

Longitude

-122.322

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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