Commercial

Federal Way, WA Commercial Land for Sale

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3.23 Acres Commercial Land Available
Updated: Jan 22
3.23 Acres Commercial Land Available

0 6th Ave SW, Federal Way, WA 98023

$1,500,000
140,699 sqft 3.23 AC lot
3.23 acres of land comprising four parcels
Zoning allows for diverse uses: office, retail, multifamily, restaurants, churches, and more
Excellent accessibility: close proximity to HWY 99, 509, I5, and HWY 18
Convenient location: surrounded by rooftops and in close proximity to retail/shopping, services
Referenced code link provided for zoning information
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Federal Way Development Opportunity
Updated: Jan 29
Federal Way Development Opportunity

35415 SW 21st Ave, Federal Way, WA 98023

$1,500,000
3.23 AC lot
High‑demand Federal Way location in a Business Neighborhood (BN) zone.
3.23‑acre site suitable for various revenue‑generating uses like a strip mall, restaurant, coffee shop, or office.
Extensive feasibility studies completed, reducing development timeline and risk.
Includes multiple parcels: 35415, 35409, 35104, and 35305 21st Avenue SW, Federal Way, WA 98023.
Ideal for investors/developers seeking high‑yield, long‑term income.
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Federal Way Redevelopment Opportunity
Federal Way Redevelopment Opportunity

2400 S 320th St, Federal Way, WA

Contact for pricing
10,350 sqft 1.87 AC lot

Strategic land play near future light rail station.

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Flat Corner Commercial Land Lot
Flat Corner Commercial Land Lot

1111 Enchanted Pkwy S, Federal Way, WA 98003

$425,000
0.76 AC lot

Flat corner lot with partial clearing and marked setbacks, offering substantial street frontage on SR 161.

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Retail Development Land Parcel
Retail Development Land Parcel

29223 Pacific Highway South, Federal Way, WA 98003

$1,100,000

Commercial retail lot with utilities on the property and sewer at the lower edge of the property line.

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

30600 Pacific Highway South, Federal Way, WA 98003

$1,800,000

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

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Triple Net Land Parcel
Triple Net Land Parcel

37405 Pacific Hwy S, Federal Way, WA 98023

Contact for pricing
8.00 AC lot

For-sale NNN land parcel with a single tenant under a five-year triple net lease.

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Mixed-Use Development Land
Mixed-Use Development Land

29020 - 29026 Military Road S, Federal Way, WA 98003

Contact for pricing
17,000 sqft 1.68 AC lot

Two-parcel assemblage on Military Road with a soil report indicating suitability for a 17,000-sf building.

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BC-Zoned Corner Commercial Parcel
BC-Zoned Corner Commercial Parcel

30300 Pacific Highway South, Federal Way, WA 98003

$725,000

BC-zoned corner parcel with direct frontage on Pacific Highway South and a protected stream buffer.

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

27905 Pacific Hwy S, Federal Way, WA 98003

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

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Commercial Lot for Motel Development
Commercial Lot for Motel Development

34201 Pacific Hwy S, Federal Way, WA 98003

Contact for pricing

Large commercial lot with preliminary motel drawings and sewer and gas utilities brought to the site during roadway work.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Zoned Commercial Land Development Site
Zoned Commercial Land Development Site

509 C Street SW, Auburn, WA 98001

$850,000
0.20 AC lot

Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

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Tacoma Land Parcel For Sale
Tacoma Land Parcel For Sale

6220 29th Street NE, Tacoma, WA 98422

$550,000
0.52 AC lot

Land parcel in Tacoma with updated utility coordination.

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Business-Zoned Redevelopment Lot
Business-Zoned Redevelopment Lot

8112 Pacific Highway East, Tacoma, WA 98422

Contact for pricing
2.05 AC lot

2.05-acre lot with Hwy 99 visibility and business zoning permitting automotive and outdoor sales, retail, and office uses.

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Heavy Commercial Land Parcel
Heavy Commercial Land Parcel

1500 West Valley Highway N, Auburn, WA 98001

Contact for pricing
2.33 AC lot

Mostly level 2.33-acre C3 heavy commercial land site offered for sale or land lease.

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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

Value Estimation by Request
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

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

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

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

1920 336th St, Federal Way, WA 98003

Value Estimation by Request
1.42 AC lot
View details
28806 Military S Rd
VACANT COMMERCIAL LAND

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

$530,000
Estimated value
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

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

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

$1,350,000
Estimated value
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

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

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

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

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

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

31241 Dash Pt Rd, Federal Way, WA 98023

Value Estimation by Request
3.09 AC lot
View details
710 333rd St
VACANT COMMERCIAL LAND

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

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

33070 14th S Ave, Federal Way, WA 98003

$1,500,000
Estimated value
0.33 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 11 active listings on our real estate platform. These investment opportunities span a total of 817,621 square feet of properties for sale, with an estimated market value of $7,050,000.

Sale prices for commercial lots in Federal Way, WA start at $425,000, averaging $1,175,000, and reaching up to $1,800,000 — 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 19
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
98023 $715K
98003 $3.2M

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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