Seattle · Commercial sale
Khan Oil buys 28817 Military Rd S in Federal Way for $4.05 million
A retail building at 28817 Military Rd S, Federal Way sold for $4,050,000 on September 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $4,050,000
- Sold
- September 15, 2026
- Property type
- Retail building
- Lot size
- 57,690 sq ft
The $4,050,000 sale was 25% below the recorded market value of $5,374,400, according to the Assessor's records.
A retail building at 28817 Military Rd S in Federal Way sold on September 15, 2026, according to the King County Department of Assessments' sales records.
The record lists Lacw Federal Way LLC as the seller and Khan Oil LLC as the buyer. The Assessor's records show a 1.32-acre lot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $90,575 for the state real estate excise tax (graduated) and $20,250 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $3,921,701. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $4,043,315 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3395117. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
