27606 16th Ave S, Federal Way, WA 98003

Small-Bay Industrial · Federal Way · Seattle-Bellevue metro, WA

One of 78 reachable small-bay industrial buildings in Federal Way. Larger than 19% of small-bay industrial buildings in Federal Way (median 11,294 SF), derived from assessor records.

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Building size: 4,410 SF, King County Assessor
Lot size: 20,140 SF, King County Assessor
Year built: 1986, King County Assessor
Stories: 1, King County Assessor
Predominant use: Auto Repair Shop, King County Assessor
Assessed value: $1,508,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $342/SF, derived from assessor records
Lot coverage: 22%, derived from assessor records
Vintage: 1980s vintage
Zoning: BC, King County
County use code: Service Building
Construction (observed): metal, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

27500 16th Ave S, Federal Way · 0.1 mi · 12,200 SF · built 1968 · assessed $175.36/SF
27802 Pacific Hwy S, Federal Way · 0.2 mi · 11,806 SF · built 1969 · assessed $367.44/SF
27820 Pacific Hwy S, Federal Way · 0.2 mi · 2,888 SF · built 2006 · assessed $376.21/SF
28872 Pacific Hwy S, Federal Way · 0.9 mi · 2,657 SF · built 1955 · assessed $342/SF
28718 Military Rd S, Federal Way · 0.9 mi · 1,562 SF · built 1969 · assessed $583.23/SF
30402 Pacific Hwy S, Federal Way · 1.7 mi · 2,200 SF · built 1930 · assessed $295.36/SF

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Sale history and market context

MakeMe Estimate: $2,055,558 (estimated market value), with a likely range of $1,443,498 to $2,276,533 (half of recent verified sales in this segment landed inside that range). Based on 86 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2017-06-14: $850,000 from Ukyk LLC to Glenns Building LLC (part of a 2-parcel sale; price is the whole deal), rec. 20170615001330

2008-09-04: $925,500 from Private party to Ukyk LLC (part of a 2-parcel sale; price is the whole deal), rec. 20080904001300

2004-08-05: $350,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20040826001881

1993-10-18: transfer from Private party to Private party (part of a 6-parcel sale; price is the whole deal), rec. 199312032232

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $462,700 (2011) to $1,508,200 (2026), up 226% over 15 years, per county tax rolls. The 2026 roll splits $1,508,200 into $563,900 land and $944,300 improvements.

Zoning: BC (per King County)

Lot: 20,140 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Garage, Service Repair 4,410 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)