Industrial

Federal Way, WA Industrial Land for Sale

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Auburn, WA Kent, WA Des Moines, WA Seattle, WA Algona, WA Pacific, WA Seatac, WA Edgewood, WA
Industrial Land with Single-Tenant NNN Lease
Updated: May 7
Industrial Land with Single-Tenant NNN Lease

37504 Pacific Highway South, Federal Way, WA 98003

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348,480 sqft 8.00 AC lot
±8‑acre vacant land parcel on Pacific Hwy S in Federal Way
5‑year single‑tenant triple net lease in place
6% cap rate noted in the listing remarks
Non‑conforming commercial use per title
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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
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Fenced Industrial Yard
Fenced Industrial Yard

985 W Valley Hwy E, Pacific, WA 98047

$3,000,000
1 sqft

A modular office and covered storage shed support operations at this gravel-surfaced site.

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Cleared Industrial Land Site
Cleared Industrial Land Site

218 21st St SE, Auburn, WA 98002

$1,950,000
74,052 sqft

Level industrial land with utilities available across a sizable cleared site.

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Industrial Land SR-167 Interchange
Industrial Land SR-167 Interchange

940 West Main Street, Auburn, WA 98001

$200,000
4 sqft 4.00 AC lot

4-acre industrial land near SR-167/Hwy 18 interchange.

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Fully Fenced Industrial Outdoor Storage Site
Fully Fenced Industrial Outdoor Storage Site

1436 Thornton Ave SW, Pacific, WA 98047

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2.21 AC lot

2.2-acre fully fenced, graveled industrial outdoor storage site zoned Light Industrial (MICO) near SR-167.

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Federal Way, WA Industrial Land Market Trends and Statistics

Explore 1 industrial land for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 348,480 square feet of properties for sale.

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Demographics Overview

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

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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