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Federal Way Acreage Opportunity
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26xx SW 308th, Federal Way, WA 98023

2.17 acres in Federal Way, perfect for building.

Property SizeContact for details
Lot Size2.17 Acres
Days on Market906

Property Features for 26xx SW 308th

General Information

Standard status Active
Lot size 2.17 Acres
Property subtype Land
Listing Agency: Landman Inc
Listed By: David Knight · License #WA
Source: Crexi
Added: Feb 15, 2024 Changed: Aug 8 Last Checked: Jul 15 at 5:00PM

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 Landman Inc

Investment Insights

Based on property information with market context.

This property in Federal Way presents a unique opportunity, featuring 2.17 acres across two tax parcels, being sold together. The acreage offers flexibility for future development. The property is zoned residential, allowing for the potential construction of one private estate or two homes. Final feasibility studies, including perk tests and driveway easement improvements, will determine the possibility of one or two residences. The buyer is responsible for verifying all details. The property is located in a secluded, wooded setting with towering evergreens. It offers a combination of convenience and tranquility. The land is suitable for a custom home, a large garage or shop, or garden space. The property requires a septic system, and is expected to perk. Public sewer is not practically accessible. Water and other utilities will need to be brought in. The property offers the opportunity to create a tailored homesite. The property provides quiet privacy and a sense of escape.

Key Highlights

  • 2.17 acres across two tax parcels offering flexibility for building one or two homes (buyer to verify feasibility).
  • Secluded, wooded setting providing privacy and tranquility.
  • Opportunity to create a custom home, large garage/shop, or garden space.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Computer & Electronic Repair Garden Center Grocery & Convenience Store HVAC Service Restaurant

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

221
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 - 2.17 acres in Federal Way, perfect for building.
Where is this residential land & home lot located?
The property is located at 26xx SW 308th Federal Way, WA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 2.17 acres across two tax parcels offering flexibility for building one or two homes (buyer to verify feasibility).; Secluded, wooded setting providing privacy and tranquility.; Opportunity to create a custom home, large garage/shop, or garden space.
(253) 631-9545 Call to check price and availability
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