27606 16thFederal Way, WA 98003

  • Retail properties
  • 4,410 SF
Off market
$1,005,500 Estimated

Property Details for 27606 16th

Year built
1986
Construction
STEEL FRAME
Lot size
0.46 AC
Property size (Sq ft)
4,410 SF
Zone code
BC
Property type
Retail properties
Property subtype
Auto shops
APN
720480-0183
APU
7204800183

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,754,235
    6.5%
    $1,619,294
    7%
    $1,503,630
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,980,160
    Geo Method
    $2,140,180
  • Alternative Use

    Use
    Valuation
    Residential
    $1,365,935
    Hospitality
    $1,251,189
    Educational
    $1,040,974
    Medical
    $1,076,775
    Retail
    $1,619,294
27606 16th, Federal Way, Washington

Location Insight

City
Federal Way
County
King
State
Washington
Latitude
47.3542
Longitude
-122.313
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
2024
$12,480
$322,200
$683,300
$1,005,500
-
$322,200
$683,300
$1,005,500

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