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Covington, WA

Land

Covington, WA Land for Sale

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Kent, WA Maple Valley, WA Auburn, WA Renton, WA Black Diamond, WA Ravensdale, WA Issaquah, WA Federal Way, WA

7 properties

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Covington Vacant Lot Opportunity

Updated: May 13, 2025

Covington Vacant Lot Opportunity

Covington, WA 98042

$375,000

0.58 AC lot

Rare vacant lot in Covington with Mixed Housing and Office (MHO) zoning, allowing for diverse development options.
Large 25,262 sq. ft. cleared and level land, ready for construction.
All utilities (sewer, city water, etc.) are available in the street, simplifying the development process.
Located near Covington Town Center, upcoming Founders Park, and the future Covington Aquatic Center.
Development potential includes multi‑family, single‑family homes, duplexes, cottage housing, and professional spaces.

Land in Town Center Zoning

Updated: Oct 13, 2025

Land in Town Center Zoning

17018 SE Wax Rd, Covington, WA

Contact for pricing

0.80 AC lot

Town Center Zoning
Located Next to Vineyard Park
Located Next to Covington Commons
Located Next to Future Covington Town Center
Possible Location for Mixed Use Development

Town Center Commercial Land

Town Center Commercial Land

16846 SE Wax Rd, Covington, WA 98042

Contact for pricing

Level, commercially zoned site with a detached garage, public utilities in the street, and on-site parking.

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

Ready to Build Pad Site

Ready to Build Pad Site

0 SE Wax Rd, Covington, WA

Contact for pricing

31,363 sqft 0.71 AC lot

Pad site near Covington Town Center development with utilities.

Land

Land

268xx 156th Pl SE, Covington, WA 98042

Contact for pricing

Residential land & home lots

Land Near Lake Meridian

Land Near Lake Meridian

27013 176 Pl SE, Covington, WA 98042

Contact for pricing

Land in Covington, WA, near Lake Meridian and local amenities.

19.74 Acres Land For Sale

19.74 Acres Land For Sale

27631 Covington Way SE, Covington, WA 98042

Contact for pricing

93,600 sqft 19.74 AC lot

19.74 acres of land available for sale.

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 7 Active listings in Covington, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Level Community Commercial Land

Level Community Commercial Land

15320 SE 272nd St, Kent, WA 98042

Contact for pricing

Vacant, level site suited to commercial or mixed-use development under Community Commercial zoning.

Land

Land

14707 Se 272nd St, Kent, WA 98042

$198,400

Residential land & home lots

1.28-Acre Land Parcel

1.28-Acre Land Parcel

26036 Maple Valley Black Diamond Rd SE, Maple Valley, WA 98038

Contact for pricing

Land parcel offering 1.28 acres in Maple Valley.

Commercial Land For Sale

Commercial Land For Sale

240, Maple Valley, WA 98038

Contact for pricing

Commercial land available for sale at 240 Maple Valley Black Diamond Rd SE, WA 98038.

Off-Market Properties in Covington, WA

Consider similar Off-Market properties in Covington, 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.

27025 168th SE Pl

VACANT COMMERCIAL LAND

27025 168th SE Pl, Covington, WA 98042-4902

$430,000

Estimated value

1,100 sqft 0.23 AC lot

16241 272nd St

VACANT COMMERCIAL LAND

16241 272nd St, Covington, WA 98042-8212

$420,000

Estimated value

1,960 sqft 0.72 AC lot

28009 Covington SE Way

VACANT COMMERCIAL LAND

28009 Covington SE Way, Covington, WA 98042-9133

$155,000

Estimated value

20.47 AC lot

28411 Covington SE Way

VACANT COMMERCIAL LAND

28411 Covington SE Way, Covington, WA 98042-9134

$7,325,000

Estimated value

11.28 AC lot

Covington, WA 98042

VACANT COMMERCIAL LAND

Covington, WA 98042

$210,000

Estimated value

0.20 AC lot

27631 Covington Way

Land

27631 Covington Way, Covington, WA 98042

Value Estimation by Request

93,600 sqft 19.74 AC lot

150xx 272Nd St

Land

150xx 272Nd St, Covington, WA 98042

Value Estimation by Request

0.22 AC lot

17018 Wax Rd

Land

17018 Wax Rd, Covington, WA 98042

Value Estimation by Request

1,290 sqft 0.80 AC lot

27013 176Th Pl

Land

27013 176Th Pl, Covington, WA 98042

Value Estimation by Request

Covington, WA Land Market Trends and Statistics

Explore 16 land for sale in Covington, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 951,067 square feet of properties for sale, with an estimated market value of $375,000.

Sale prices for lots in Covington, WA average $375,000 — 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

Demographics Overview

Population 49K

Population Growth (5Y) +1.4%

Median Household Income $125,554

College Educated 44.8%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Kent - 98042	$375K

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