31906 6th Ave S, Federal Way, WA 98003

Commercial · Federal Way · Seattle-Bellevue metro, WA

Imagery suggests: daycare facility. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 118 reachable commercial buildings in Federal Way. Larger than 30% of commercial buildings in Federal Way (median 26,548 SF), derived from assessor records.

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Building size: 6,745 SF, King County Assessor
Lot size: 34,416 SF, King County Assessor
Year built: 1987, King County Assessor
Stories: 1, King County Assessor
Predominant use: Day Care Center, King County Assessor
Assessed value: $2,023,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $300/SF, derived from assessor records
Lot coverage: 20%, derived from assessor records
Vintage: 1980s vintage
Zoning: PO, King County
County use code: Daycare Center
Construction (observed): wood frame, 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.

848 S 320th St, Federal Way · 0.3 mi · 15,514 SF · built 2013
625 S 314th St, Federal Way · 0.3 mi · 57,460 SF · built 2020
32290 1st Ave S, Federal Way · 0.3 mi · 200,404 SF · built 2000 · assessed $139.29/SF
1122 S 322nd Pl, Federal Way · 0.5 mi · 6,016 SF · built 1983 · assessed $350/SF
32324 1st Ave S, Federal Way · 0.5 mi · 7,226 SF · built 1986 · assessed $300/SF
31617 1st Ave S, Federal Way · 0.5 mi · 15,983 SF · built 1978

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Sale history and market context

MakeMe Estimate: $2,330,550 (estimated market value), with a likely range of $1,974,903 to $2,849,464 (half of recent verified sales in this segment landed inside that range). Based on 139 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.

2017-07-11: $8,438,000 from Capitol Square LLC to 622 Federal Way Investments LLC+NC Real Estate LLC… (part of a 5-parcel sale; price is the whole deal), rec.

1997-12-30: transfer from Private party to Capitol Square LLC (part of a 5-parcel sale; price is the whole deal), rec. 199712312017

1996-04-04: $4,740,000 from Private party to Private party (part of a 5-parcel sale; price is the whole deal), rec. 199604050328

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 $1,382,900 (2011) to $2,023,500 (2026), up 46% over 15 years, per county tax rolls. The 2026 roll splits $2,023,500 into $344,100 land and $1,679,400 improvements.

Zoning: PO (per King County)

Lot: 34,416 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Day Care Center 6,745 SF (county building sections)

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