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    Federal Way, WA Commercial Land for Sale

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    Auburn, WA Kent, WA Des Moines, WA
    10 listings
    Federal Way Redevelopment Opportunity
    $8,145,700
    10,350 SF
    Federal Way Redevelopment Opportunity

    2400 S 320th St, Federal Way, WA

    Strategic land play near future light rail station.
    • Prime transit‑oriented redevelopment site within walking distance of the new Federal Way Link Light Rail Station (opening late 2025) connecting to Seattle, Sea‑Tac Airport, and Tacoma.
    • Zoning allows for development up to 200 feet, suitable for a mixed‑use project.
    • Direct access to Interstate 5 provides exceptional regional connectivity.
    • Leased to Black Angus Steakhouse through November 30, 2026, with one five‑year renewal option, providing modest holding income.
    • Located in Federal Way, a growing area driven by affordability, a diverse community, and major infrastructure investments.
    Updated: Sep 19, 2025
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    3.23 Acres Commercial Land Available
    $1,500,000
    140,699 SF
    3.23 Acres Commercial Land Available

    0 6th Ave SW, Federal Way, WA 98023

    Commercial land with diverse development opportunities near major transportation routes.
    • 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
    Updated: Jan 22
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    Federal Way Development Property
    $2,975,000
    4.26 Acres
    Federal Way Development Property

    4.26 acres of land with high traffic volume.

    30200 Pacific Hwy S, Federal Way, WA

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    Land Near Highway Access
    $1,500,000
    3.23 Acres
    Land Near Highway Access

    3.23 acres of commercial land with development potential.

    21st Ave SW, Federal Way, WA 98003

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    Federal Way Development Opportunity
    $1,500,000
    3.23 Acres
    Federal Way Development Opportunity

    3.23 acre commercial land in Federal Way, WA for sale.

    35415 SW 21st Ave, Federal Way, WA 98023

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    Federal Way Commercial Land Opportunity
    $4,900,000
    2.44 Acres
    Federal Way Commercial Land Opportunity

    Permit-ready commercial land for hotel and retail development.

    34413 Pacific Hwy S, Federal Way, WA 98003

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    Federal Way Land Parcel
    Contact for pricing
    6,000 SF
    Federal Way Land Parcel

    6000 sq ft parcel in quiet Federal Way location.

    37301 2nd Ave Sw, Federal Way, WA 98023

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    Federal Way Land Parcel
    Contact for pricing
    0.14 Acres
    Federal Way Land Parcel

    6000 sq ft parcel in Federal Way.

    37301 2nd Avenue SW #1-2, Federal Way, WA 98023

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    Development Potential Property
    $574,900
    2.10 Acres
    Development Potential Property

    Flat land with utilities for development.

    5101 SW 316th Place #1, Federal Way, WA 98023

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    Corner Land in Federal Way
    $1,950,000
    2.60 Acres
    Corner Land in Federal Way

    Signalized corner lot with timber and high visibility.

    955 S 356th St, Federal Way, WA

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

    Prime Land Near Light Rail
    $13,000,000
    Prime Land Near Light Rail

    Land suitable for hotel, apartments, or commercial development.

    26915 PACIFIC HIGHWAY S, Des Moines, WA 98198

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    Tacoma Land Parcel For Sale
    $550,000
    0.52 Acres
    Tacoma Land Parcel For Sale

    Land parcel in Tacoma with updated utility coordination.

    6220 29th Street NE, Tacoma, WA 98422

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    RETAIL
    $5,950,000
    9,574 SF
    RETAIL

    Restaurants · 9,574 SF

    28201 Redondo Beach Dr S, Des Moines, WA 98198

    View details
    Flat Land Parcel in Tacoma
    $550,000
    0.52 Acres
    Flat Land Parcel in Tacoma

    Commercial land parcel in Tacoma's General Neighborhood Commercial District.

    6220 29th Street NE, Tacoma, WA 98422

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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
    1,370 SF Lot: 0.57 Acres

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

    View details
    33301 Pacific S Hwy
    VACANT COMMERCIAL LAND
    860 SF Lot: 2.79 Acres
    Estimated value
    $2,065,000

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

    View details
    27500 16th S Ave
    VACANT COMMERCIAL LAND
    Lot: 0.33 Acres
    Estimated value
    $3,230,000

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

    View details
    1920 336th St
    VACANT COMMERCIAL LAND
    Lot: 1.42 Acres
    Value Estimation by Request

    1920 336th St, Federal Way, WA 98003

    View details
    28806 Military S Rd
    VACANT COMMERCIAL LAND
    2,162 SF Lot: 0.52 Acres

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

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    33600 21st SW Ave
    VACANT COMMERCIAL LAND
    Lot: 0.55 Acres
    Estimated value
    $25,100,000

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

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    31660 Pacific S Hwy
    VACANT COMMERCIAL LAND
    2,036 SF Lot: 0.53 Acres
    Estimated value
    $1,350,000

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

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    29026 Military S Rd
    VACANT COMMERCIAL LAND
    Lot: 0.58 Acres
    Estimated value
    $700,000

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

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    2105 320th St
    VACANT COMMERCIAL LAND
    Lot: 1.58 Acres
    Estimated value
    $550,000

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

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    3450 320th St
    VACANT COMMERCIAL LAND
    Lot: 0.44 Acres
    Estimated value
    $8,800,000

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

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    31241 Dash Pt Rd
    VACANT COMMERCIAL LAND
    Lot: 3.09 Acres
    Value Estimation by Request

    31241 Dash Pt Rd, Federal Way, WA 98023

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    710 333rd St
    VACANT COMMERCIAL LAND
    Lot: 0.83 Acres
    Estimated value
    $3,415,000

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

    View details
    33070 14th S Ave
    VACANT COMMERCIAL LAND
    Lot: 0.33 Acres
    Estimated value
    $1,500,000

    33070 14th S Ave, Federal Way, WA 98003

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    33040 14th S Ave
    VACANT COMMERCIAL LAND
    Lot: 0.31 Acres
    Estimated value
    $1,500,000

    33040 14th S Ave, Federal Way, WA 98003

    View details

    Federal Way, WA Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Federal Way, WA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 151,049 square feet of properties for sale, with an estimated market value of $9,645,700.

    Sale prices for commercial lots in Federal Way, WA start at $1,500,000, averaging $4,822,850, and reaching up to $8,145,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 12

    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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