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Flat Corner Commercial Land Lot

1111 Enchanted Pkwy S Federal Way, WA 98003

1111 Enchanted Pkwy S, Federal Way, WA, 98003
$425,000
For Sale
$425,000

Flat corner lot with partial clearing and marked setbacks, offering substantial street frontage on SR 161.

Lot Size0.76 Acres
Days on Market123

Property Features for 1111 Enchanted Pkwy S

General Information

Standard status
Active
Lot size
0.76 Acres
Property subtype
Land
Listing agency eXp Realty
Listed by Maxwell Andrew Donaldson
Source Exprealty
Added: Mar 22 Updated: Jul 22 at 10:17AM Checked: Jul 22 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty


Investment Insights

Based on property information with market context.

This offering presents a flat corner commercial land lot with partial clearing and setbacks that are marked. The site includes approximately 33,000 square feet of usable land and is positioned as a flexible development parcel for a range of commercial and multi-family possibilities.

The property benefits from hundreds of feet of northbound SR 161 Enchanted Pkwy frontage, with proximity to I-5 noted in the remarks. Public remarks also cite approximately 41,000 cars traveling past the parcel daily, with new developed neighborhoods to the east.

According to the provided information, the lot is suitable for uses that may include gas stations, retail, apartments, condos, hotels, or a combination of these. The current condition includes partial clearing, supporting early site planning and development layout work.

Key Highlights

  • Flat corner lot with partial clearing and marked setbacks
  • Hundreds of feet of street frontage on northbound SR 161 Enchanted Pkwy, next to I‑5
  • Approximately 33,000 SF of usable land for potential commercial and multifamily use

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Florist Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Flat corner lot with partial clearing and marked setbacks, offering substantial street frontage on SR 161.
Where is this commercial land located?
The property is located at 1111 Enchanted Pkwy S Federal Way, WA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Flat corner lot with partial clearing and marked setbacks; Hundreds of feet of street frontage on northbound SR 161 Enchanted Pkwy, next to I‑5; Approximately 33,000 SF of usable land for potential commercial and multifamily use
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