30854 Pacific Hwy S, Federal Way, WA 98003

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

Imagery suggests: small-bay flex, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 78 reachable small-bay industrial buildings in Federal Way. Larger than 65% of small-bay industrial buildings in Federal Way (median 11,294 SF), derived from assessor records.

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Building size: 20,543 SF, King County Assessor
Lot size: 26,393 SF, King County Assessor
Year built: 1945, King County Assessor
Stories: 2, King County Assessor
Predominant use: Office, Storage And Shop Building, King County Assessor
Assessed value: $5,320,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $259/SF, derived from assessor records
Lot coverage: 78%, derived from assessor records
Vintage: 1940s vintage
Zoning: BC, King County
County use code: Warehouse
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.

30820 Pacific Hwy S, Federal Way · 0 mi · 12,000 SF · built 1974 · assessed $208.18/SF
30419 Pacific Hwy S, Federal Way · 0.3 mi · 1,180 SF · built 1966 · assessed $252.80/SF
30402 Pacific Hwy S, Federal Way · 0.3 mi · 2,200 SF · built 1930 · assessed $295.36/SF
31130 28th Ave S, Federal Way · 0.8 mi · 66,125 SF · built 2025 · assessed $221.09/SF
32427 Pacific Hwy S, Federal Way · 1 mi · 21,848 SF · built 1969 · assessed $205.34/SF
31825 32nd Ave S, Federal Way · 1 mi · 89,051 SF · built 2023 · assessed $246.97/SF

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Sale history and market context

MakeMe Estimate: $6,312,219 (estimated market value), with a likely range of $4,878,864 to $6,375,341 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2015-12-15: $1,449,990 from New Lumber & Hardware CO to Ltca LLC (part of a 6-parcel sale; price is the whole deal), rec. 20151215001390

2 administrative transfers (no consideration), 2012 to 2012

2010-07-19: $4,200 from Private party to Puget Sound Energy INC, rec. 20100806000011

2005-05-24: transfer from Private party to Private party (part of a 5-parcel sale; price is the whole deal), rec. 20050829000633

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 $739,600 (2011) to $5,320,600 (2026), up 619% over 15 years, per county tax rolls. The 2026 roll splits $5,320,600 into $791,700 land and $4,528,900 improvements.

Zoning: BC (per King County)

Lot: 26,393 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Storage Warehouse 10,779 SF; Warehouse Office 9,764 SF (county building sections)

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