2408 288thFederal Way, WA 98003

  • Retail properties
  • 2,400 SF
Off market
$611,171 Estimated

Property Details for 2408 288th

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.44 AC
Property size (Sq ft)
2,400 SF
Zone code
BN
Property type
Retail properties
Property subtype
Retail space
APN
332204-9164
APU
3322049164

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $954,686
    6.5%
    $881,248
    7%
    $818,302
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,621,856
    Geo Method
    $1,164,724
  • Alternative Use

    Use
    Valuation
    Residential
    $743,366
    Hospitality
    $680,919
    Educational
    $566,517
    Medical
    $586,000
    Retail
    $881,248
2408 288th, Federal Way, Washington

Location Insight

City
Federal Way
County
King
State
Washington
Latitude
47.3438
Longitude
-122.302
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $276,800
  • Assessed land value
    $228,300
  • Assessed value
    $505,100
  • Tax year
    2024
  • Tax bill
    $6,875

Property Visit Statistics

  • Visits by month
    21.1k
  • Visitors by month
    13.0k
  • Avg Time on site
    12 min

FAQs

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