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    Federal Way, WA
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    Federal Way, WA Commercial Land for Sale

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    8 properties
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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).
    View details
    Flat Corner Commercial Land Lot
    Updated: Mar 21
    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
    Hundreds of feet of street frontage on northbound SR 161 Enchanted Pkwy, next to I‑5
    Approximately 33,000 SF of usable land for potential commercial and multifamily use
    Traffic count reported at approximately 41,000 cars passing the parcel daily
    Permitted or potential uses noted include gas stations, retail, apartments, condos, hotels, or a combination
    View details
    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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    See what stands out in King County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    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

    $425,950

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

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land
    Land

    31 32ND, Federal Way, WA 98003

    $1,500,000

    Commercial land

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

    2400 S 320th Street, Federal Way, WA 98003

    Contact for pricing

    Site supports mixed-use planning with an existing restaurant lease and access to Interstate 5.

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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.

    View details
    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.

    View details
    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 59,242 square feet of properties for sale, with an estimated market value of $9,780,950.

    Sale prices for commercial lots in Federal Way, WA start at $425,000, averaging $1,397,278, and reaching up to $3,330,000 — 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 12
    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

    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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    • 98003
    • 98023

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