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Federal Way, WA

Industrial

Federal Way, WA Industrial Land for Sale

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Auburn, WA Kent, WA Des Moines, WA Seattle, WA Seatac, WA Pacific, WA Milton, 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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

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.

Light Industrial Development Land

Light Industrial Development Land

7608 Pacific Highway E, Milton, WA 98354

$499,900

1.00 AC lot

Industrial-zoned development site with highway frontage and utilities available along Pacific Highway East.

Light Industrial Fenced Lot

Light Industrial Fenced Lot

118 G Street Southwest, Auburn, WA 98001

$599,995

Level, fully fenced M1 light industrial parcel on a paved street with sidewalk and utilities nearby.

Shovel-Ready Industrial Land Parcel

Shovel-Ready Industrial Land Parcel

98 5th Avenue, Milton, WA 98354

$599,000

Level 1.16-acre parcel with approved plans for a 5,000 SF warehouse and utilities available at the street.

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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