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    Federal Way, WA
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    Federal Way, WA Land for Sale

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    16 properties
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    Zoned Commercial Development Land
    Updated: Jul 25
    Zoned Commercial Development Land

    29223 S Pacific Hwy S, Federal Way, WA 98003

    $1,100,000
    0.60 AC lot
    0.6‑acre lot zoned BC (Community Business) for commercial or mixed‑use development (buyer to verify).
    Possible 3 staggered levels with below‑street parking and a proposed 65' apartment building (per remarks; buyer to verify).
    Sewer is at the lower edge of the property line on 16th Ave S; utilities available on‑site include water, gas, and electric.
    Property is accessible from a 30' gravel road on 16th Ave S.
    Remarks indicate some units may have views of the Sound and Mountain (buyer to verify).
    View details
    Wooded Land with Multiple Access Points
    Updated: Jul 10
    Wooded Land with Multiple Access Points

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

    $175,000
    1 sqft
    1.322 acres of wooded, vacant land
    3 separate tax parcels included in the sale
    Access via 48th Ave South, 49th Ave South, and 364th
    Near Hwy 167 and I‑5
    Water easement provides a route to bring water to the site
    View details
    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.

    View details
    See hot listings in Federal Way

    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
    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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    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.

    View details
    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.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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

    $379,000

    Vacant commercial land with Pacific Highway frontage and two exits, previously excavated and ready for plans.

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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.

    View details
    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

    View details
    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.

    View details
    Land/Lot
    Land/Lot

    29438 10th Ave SW, Federal Way, WA 98023

    $425,000

    Waterfront Land

    View details
    Vacant Land
    Vacant Land

    3911 SW Dash Point Rd, Federal Way, WA 98023

    $405,000

    Waterfront Land

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

    Residential Land in Auburn, WA
    Residential Land in Auburn, WA

    32400 Military Rd S, Auburn, WA

    Contact for pricing
    15,478 sqft 0.36 AC lot

    RM3600 zoned site suitable for up to 4 units.

    View details
    Land/Lot
    Land/Lot

    1309 S 272nd St, Des Moines, WA 98198

    $425,000

    Residential land & home lots

    View details
    Vacant Land / Lots
    Vacant Land / Lots

    131 XX SE 312th Street, Auburn, WA 98092

    $199,950

    Residential land & home lots

    View details
    Prime Development Land For Sale
    Prime Development Land For Sale

    26505 Pacific Hwy S, Des Moines, WA 98198

    $2,900,000

    Three acres of level land with extensive street frontage.

    View details

    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

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

    Estimated value:
    $375,000
    1,370 sqft 0.57 AC lot
    View details
    33301 Pacific S Hwy
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $2,065,000
    860 sqft 2.79 AC lot
    View details
    27500 16th S Ave
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $3,230,000
    0.33 AC lot
    View details
    1920 336th St
    VACANT COMMERCIAL LAND

    1920 336th St, Federal Way, WA 98003

    Estimated value:
    $330,000
    1.42 AC lot
    View details
    28806 Military S Rd
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $530,000
    2,162 sqft 0.52 AC lot
    View details
    33600 21st SW Ave
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $25,100,000
    0.55 AC lot
    View details
    31660 Pacific S Hwy
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $1,350,000
    2,036 sqft 0.53 AC lot
    View details
    29026 Military S Rd
    VACANT COMMERCIAL LAND

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

    Estimated value:
    $700,000
    0.58 AC lot
    View details

    Federal Way, WA Land Market Trends and Statistics

    Explore 72 land for sale in Federal Way, WA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 871,637 square feet of properties for sale, with an estimated market value of $14,222,887.

    Sale prices for lots in Federal Way, WA start at $75,000, averaging $1,015,920, and reaching up to $3,330,000 — 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

    Commercial land 11
    Residential land & home lots 6
    Waterfront Land 2
    Industrial land 1

    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
    Federal Way - 98003 $886.4K
    Auburn - 98001 $889.7K

    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%

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Federal Way, WA

    • 98003
    • 98023
    • 98001
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