Commercial

Federal Way, WA Commercial Land for Sale

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Zoned Commercial Development Land
Updated: Jul 25
Zoned Commercial Development Land

29223 S Pacific Hwy S, Federal Way, WA 98003

$1,100,000
0.60 AC lot
0.6‑acre lot zoned BC (Community Business) for commercial or mixed‑use development (buyer to verify).
Possible 3 staggered levels with below‑street parking and a proposed 65' apartment building (per remarks; buyer to verify).
Sewer is at the lower edge of the property line on 16th Ave S; utilities available on‑site include water, gas, and electric.
Property is accessible from a 30' gravel road on 16th Ave S.
Remarks indicate some units may have views of the Sound and Mountain (buyer to verify).
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Commercial Land with Approved Plans
Updated: Oct 15
Commercial Land with Approved Plans

34413 Pacific Hwy S, Federal Way, WA 98003

Contact for pricing
2 sqft 2.40 AC lot
Approved permits and architectural plans for a hotel and retail project
Plans call for an approximately 58,000 SF, four‑story hotel with 90 units
More than 4,000 SF of planned commercial retail space
109 parking spaces included in the approved plans
Commercial Enterprise (CE) zoning and utilities installed on‑site
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Federal Way Commercial Land Opportunity
Federal Way Commercial Land Opportunity

34413 Pacific Hwy S, Federal Way, WA 98003

$4,500,000
2.44 AC lot

Permit-ready commercial land for hotel and retail development.

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See hot listings in Federal Way

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Four-Parcel Commercial Land
Four-Parcel Commercial Land

35415 SW 21st Ave, Federal Way, WA 98023

$1,500,000

Four parcels totaling 3.23 acres zoned Neighborhood Business (BN) for a range of commercial uses.

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Mixed-Use Commercial Land Parcel
Mixed-Use Commercial Land Parcel

30600 Pacific, Federal Way, WA 98003

$1,500,000

Commercial lot in Federal Way offering potential for multi-unit rental or mixed-use development, subject to city approval.

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Commercial Land with Pacific Highway Access
Commercial Land with Pacific Highway Access

27905 pacific Highway S, Federal Way, WA 98003

$349,000

Vacant commercial land with Pacific Highway frontage and two exits, previously excavated and ready for plans.

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Land
Land

31 32ND, Federal Way, WA 98003

$1,500,000

Commercial land

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BC-Zoned Commercial Land
BC-Zoned Commercial Land

31000 18th Ave S, Federal Way, WA 98003

$3,330,000

Parcel supports mixed-use development concepts under its business-commercial zoning.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

C-3 Commercial Land Parcel
C-3 Commercial Land Parcel

509 C Street SW, Auburn, WA 98001

$850,000

Flat, rectangular site with street utilities near downtown, transit, and major arterials.

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Commercial Land Near Highway Access
Commercial Land Near Highway Access

1408 W Main St, Auburn, WA 98001

$799,000

Commercial zoning with convenient access to Highway 167 and nearby Auburn destinations.

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Commercial Land with Transit Access
Commercial Land with Transit Access

24141 Pacific Hwy S, Kent, WA 98032

Contact for pricing
30,946 sqft

Commercial land parcel with Pacific Highway frontage, flat-to-gently sloping topography, and flexible MTC-1 zoning.

View details
Transit-Oriented Commercial Land
Transit-Oriented Commercial Land

2703 S 240th St, Kent, WA 98032

Contact for pricing

MTC-1-zoned land spans three contiguous parcels with frontage on four streets.

View details

Off-Market Properties in Federal Way, WA

Consider similar Off-Market properties in Federal Way, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

803 348th St
VACANT COMMERCIAL LAND

803 348th St, Federal Way, WA 98003-7020

Estimated value:
$375,000
1,370 sqft 0.57 AC lot
View details
33301 Pacific S Hwy
VACANT COMMERCIAL LAND

33301 Pacific S Hwy, Federal Way, WA 98003-6806

Estimated value:
$2,065,000
860 sqft 2.79 AC lot
View details
27500 16th S Ave
VACANT COMMERCIAL LAND

27500 16th S Ave, Federal Way, WA 98003-2352

Estimated value:
$3,230,000
0.33 AC lot
View details
1920 336th St
VACANT COMMERCIAL LAND

1920 336th St, Federal Way, WA 98003

Estimated value:
$330,000
1.42 AC lot
View details
28806 Military S Rd
VACANT COMMERCIAL LAND

28806 Military S Rd, Federal Way, WA 98003-7913

Estimated value:
$530,000
2,162 sqft 0.52 AC lot
View details
33600 21st SW Ave
VACANT COMMERCIAL LAND

33600 21st SW Ave, Federal Way, WA 98023-7761

Estimated value:
$25,100,000
0.55 AC lot
View details
31660 Pacific S Hwy
VACANT COMMERCIAL LAND

31660 Pacific S Hwy, Federal Way, WA 98003-5408

Estimated value:
$1,350,000
2,036 sqft 0.53 AC lot
View details
29026 Military S Rd
VACANT COMMERCIAL LAND

29026 Military S Rd, Federal Way, WA 98003-7914

Estimated value:
$700,000
0.58 AC lot
View details
2105 320th St
VACANT COMMERCIAL LAND

2105 320th St, Federal Way, WA 98003-5416

Estimated value:
$550,000
1.58 AC lot
View details
3450 320th St
VACANT COMMERCIAL LAND

3450 320th St, Federal Way, WA 98023-2209

Estimated value:
$8,800,000
0.44 AC lot
View details
31241 Dash Pt Rd
VACANT COMMERCIAL LAND

31241 Dash Pt Rd, Federal Way, WA 98023

Estimated value:
$75,000
3.09 AC lot
View details
710 333rd St
VACANT COMMERCIAL LAND

710 333rd St, Federal Way, WA 98003-6342

Estimated value:
$3,415,000
0.83 AC lot
View details
33070 14th S Ave
VACANT COMMERCIAL LAND

33070 14th S Ave, Federal Way, WA 98003

Estimated value:
$1,500,000
0.33 AC lot
View details
33040 14th S Ave
VACANT COMMERCIAL LAND

33040 14th S Ave, Federal Way, WA 98003

Estimated value:
$1,500,000
0.31 AC lot
View details
33901 Pacific S Hwy
VACANT COMMERCIAL LAND

33901 Pacific S Hwy, Federal Way, WA 98003-6812

Estimated value:
$9,500,000
2.47 AC lot
View details
33601 Pacific S Hwy
VACANT COMMERCIAL LAND

33601 Pacific S Hwy, Federal Way, WA 98003

Estimated value:
$9,500,000
7.32 AC lot
View details

Federal Way, WA Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Federal Way, WA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 236,753 square feet of properties for sale, with an estimated market value of $13,779,000.

Sale prices for commercial lots in Federal Way, WA start at $349,000, averaging $1,968,428, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 11
Residential land & home lots 6
Waterfront Land 2
Industrial land 1

Demographics Overview

Population 138K
Population Growth (5Y) +4.6%
Median Household Income $91,533
College Educated 23.6%

High-Yield Neighborhoods for Investment

Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98003 $1.4M
98023 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $9.26 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

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