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Dash Point Acreage Opportunity
For Sale
$250,000
Pending

1248 SW 312th Street, Federal Way, WA 98023

One-acre parcel near Mirror Lake with development potential.

Property SizeContact for details
Lot Size1.12 Acres
Days on Market220

Property Features for 1248 SW 312th Street

General Information

Standard status Pending
Lot size 1.12 Acres
Property subtype Land or Vacant Lot

Amenities

Sidewalk
Curbed Lot
Paved
Listing Agency: KELLER WILLIAMS RTY TACOMA
Listed By: ROCHELLE CHORAK
Source: Corcoran
Added: Jan 1 Changed: Aug 8 Last Checked: Aug 8 at 6:15AM

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 KELLER WILLIAMS RTY TACOMA

Investment Insights

Based on property information with market context.

This one-acre parcel is located in Dash Point and offers potential for a private estate or development. The level lot has utilities located in the street. The property is within walking distance to Mirror Lake and minutes from shopping, dining, and entertainment, with commuting access. Buyer to verify all information.

Key Highlights

  • 1+ acre level parcel offers potential for a private estate or development.
  • Rare opportunity to own a lot of this size in the Dash Point area.
  • Utilities are conveniently located in the street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 98023, WA

51,713
Population
18,777
Households
2.8
Avg Household Size
38
Median Age
34%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
5,021
Density / Sq Mi
$101,960
Median Household Income
$50,186
Median Earnings
$1,875
Median Rent
$545,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - One-acre parcel near Mirror Lake with development potential.
Where is this residential land & home lot located?
The property is located at 1248 SW 312th Street Federal Way, WA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1+ acre level parcel offers potential for a private estate or development.; Rare opportunity to own a lot of this size in the Dash Point area.; Utilities are conveniently located in the street.
More about this property
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