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Federal Way, WA Land for Lease

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Shadow-Anchored Retail Land Site
Updated: Apr 14
Shadow-Anchored Retail Land Site

34716 1st Avenue South, Federal Way, WA 98003

Contact for pricing
37,000 sqft
Commercial land site shadow‑anchored by WinCo, IHOP, and Starbucks
Near a new 235‑unit multi‑family project, Trouve, across the street
Thousands of units planned about a block away
Gateway access to Brown's Point, Dash Point, and Dash Point State Park
Close to Northshore Golf Complex and the Federal Way National Little League Baseball complex
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Corner Lot in Federal Way
Updated: Aug 15, 2025
Corner Lot in Federal Way

28806 Military Road South, Federal Way, WA

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0.52 AC lot
Close proximity to I‑5 and Highway 99
Located at the corner of Military Rd S and S 288th St
Well‑trafficked and rapid growth area
0.52 acres (22,651 SF)
Close to popular local businesses, parks, and residential
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Federal Way, WA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 17 Properties for Sales.

Land for Lease in Nearby Cities

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

Fenced Graveled Commercial Land
Fenced Graveled Commercial Land

815-905 C St SW, Auburn, WA 98001

Contact for pricing
30,000 sqft

Flat, secured land includes a converted office building and two separate access points.

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Graveled Contractor Storage Yard
Graveled Contractor Storage Yard

301 W Valley Hwy, Pacific, WA 98047

$2,000/Mo
0.30 AC lot

0.30-acre light industrial yard with level, graveled surface suitable for contractor storage.

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Commercial Land with Office/Shop Space
Commercial Land with Office/Shop Space

1201 37th St NW, Auburn, WA 98001

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Fenced, graveled/paved land with office and shop space for rent.

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Land Near Lakeland Hills Community
Land Near Lakeland Hills Community

Stewart Rd SE and Thornton Ave SW, Pacific, WA 98047

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25,011 sqft

Land near Highway 167 and Lakeland Hills community.

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Similar Spaces for Sale in Federal Way, WA

Consider Similar Space for Sale. We found 17 Spaces matching your search parameters.

Zoned Commercial Development Land
Zoned Commercial Development Land

29223 S Pacific Hwy S, Federal Way, WA 98003

$1,100,000
0.60 AC lot

Commercial land with BC Community Business zoning and utilities available on-site, including sewer at the lower property edge.

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Federal Way Land Opportunity
Federal Way Land Opportunity

3600 S 320th St, Federal Way, WA 98001

$3,000,000
402,350 sqft 9.24 AC lot

Large land parcel available in Federal Way, Washington.

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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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Wooded Land with Multiple Access Points
Wooded Land with Multiple Access Points

364xx 48th Ave S, Federal Way, WA 98001

$139,000
1 sqft

Vacant wooded land with access from 48th Ave South and 49th Ave South.

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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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Federal Way Acreage Opportunity
Federal Way Acreage Opportunity

26xx SW 308th, Federal Way, WA 98023

$75,000
2 sqft 2.17 AC lot

2.17 acres in Federal Way, perfect for building.

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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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Industrial Land with Single-Tenant NNN Lease
Industrial Land with Single-Tenant NNN Lease

37504 Pacific Highway South, Federal Way, WA 98003

Contact for pricing
348,480 sqft 8.00 AC lot

Vacant land parcel under a 5-year single-tenant triple net lease, with 6% cap rate noted.

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Land
Land

31 32ND, Federal Way, WA 98003

$1,500,000

Commercial land

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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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Land Parcel
Land Parcel

32337 (Lot 2188203740) 2nd Ave SW, Federal Way, WA 98023

$449,999

Land offered with an additional property on 2nd Avenue SW.

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Vacant Land
Vacant Land

32257 39th Ave S, Federal Way, WA 98001

$169,000

Residential land & home lots

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Vacant Land
Vacant Land

32227 Military Rd S, Federal Way, WA 98001

$214,888

Residential land & home lots

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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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Land/Lot
Land/Lot

29438 10th Ave SW, Federal Way, WA 98023

$425,000

Waterfront Land

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Vacant Land
Vacant Land

3911 SW Dash Point Rd, Federal Way, WA 98023

$405,000

Waterfront Land

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Federal Way, WA Land Lease Rates & Market Statistics

Explore 2 Land listings for lease in Federal Way, WA on Realmo, a commercial real estate exchange covering the Federal Way area. The current inventory totals 37,000 square feet of properties.

Federal Way accounts for 10% of the 20 land listings currently available across King County, where nearby markets include Auburn and Bellevue.

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