34834 Weyerhaeuser Way S, Federal Way, WA 98001

Office · Federal Way · Seattle-Bellevue metro, WA

Imagery suggests: large office building. 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 AI estimate from public imagery; may be outdated.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 171 reachable office buildings in Federal Way. Larger than 96% of office buildings in Federal Way (median 9,872 SF), derived from assessor records.

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Building size: 150,045 SF, King County Assessor
Lot size: 664,290 SF, King County Assessor
Year built: 1995, King County Assessor
Stories: 4, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $16,446,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $109.61/SF, derived from assessor records
Lot coverage: 23%, derived from assessor records
Vintage: 1990s vintage
Zoning: OP-1, King County
County use code: Office Building
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

3455 S 344th Way, Federal Way · 0.2 mi · 115,032 SF · built 1999 · assessed $24.41/SF
3450 S 344th Way, Federal Way · 0.2 mi · 64,965 SF · built 1999 · assessed $145.92/SF
3600 S 344th Way, Federal Way · 0.4 mi · 236,778 SF · built 2001
33940 Weyerhaeuser Way S, Federal Way · 0.5 mi · 145,561 SF · built 2000 · assessed $157.69/SF
33810 Weyerhaeuser Way S, Federal Way · 0.6 mi · 56,600 SF · built 2001 · assessed $168.77/SF
2515 S 336th St, Federal Way · 0.6 mi · 14,706 SF · built 1964 · assessed $605.60/SF

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Sale history and market context

MakeMe Estimate: $21,179,990 (estimated market value), with a likely range of $20,625,155 to $27,984,603 (half of recent verified sales in this segment landed inside that range). Based on 185 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1994-10-06 for $975,237 (recorded arm's-length sale).

Current ownership dates to 1994 (about 32 years) per recorded transfers.

2015-04-15: transfer from Private party to World Vision INC (non-market transfer), rec. 20150423000730

1994-10-06: $975,237 from Weyerhaeuser CO to Private party, rec. 199410060841

1982-03-01: $1,125,000 from Private party to Weyerhaeuser Company (part of a 4-parcel sale; price is the whole deal), rec. 198203020344

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 $24,618,600 (2011) to $16,446,100 (2026), down 33% over 15 years, per county tax rolls. The 2026 roll splits $16,446,100 into $3,195,100 land and $13,251,000 improvements.

Zoning: OP-1 (per King County)

Lot: 664,290 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 150,045 SF (county building sections)

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

34834 Weyerhaeuser Way S, Federal Way, WA 98001

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Nearby comparable buildings

Sale history and market context

Value over time

Land, site, and value history

Taxes

Permit history