Zoned Commercial Development
For Sale
$1,100,000
29223 S Pacific Hwy S, Federal Way, WA 98003
Commercial land with BC Community Business zoning and utilities available on-site, including sewer at the lower property edge.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market94
Property Features for 29223 S Pacific Hwy S
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Vacant Land
Zoning
BC
Additional Details
Utilities to Site
Yes
Listing Agency:
Better Properties UP/Fircrest
Listed By:
Marina Nordberg · License #117787
(253) 503-7557
Source:
Livnserverealestate
Added: Jul 25
Changed: Oct 26
Last Checked: Oct 7 at 4:09PM
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 Better Properties UP/Fircrest
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Investment Insights
Based on property information with market context.
This commercial land parcel offers development flexibility, with public remarks describing the possibility of creating three staggered levels of below-street parking alongside a 65' apartment building concept. The remarks also note that some units could have views of the Sound and surrounding mountains, subject to final design and approval.
Access is described from 16th Ave S, including sewer located along the lower edge of the property line on 16th Ave S, and water, gas, and electric reported as available on-site. The property is also described as accessible from a 30' gravel road off 16th Ave S. The lot lines are noted as approximated, and buyers are encouraged to verify all information to their satisfaction.
The site is zoned BC Community Business, providing a framework for contemplated retail and multifamily uses as described in the public remarks. All development plans and permitting would be subject to buyer verification and local approvals.
Access is described from 16th Ave S, including sewer located along the lower edge of the property line on 16th Ave S, and water, gas, and electric reported as available on-site. The property is also described as accessible from a 30' gravel road off 16th Ave S. The lot lines are noted as approximated, and buyers are encouraged to verify all information to their satisfaction.
The site is zoned BC Community Business, providing a framework for contemplated retail and multifamily uses as described in the public remarks. All development plans and permitting would be subject to buyer verification and local approvals.
Key Highlights
- 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.
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 98003, WA
51,751
Population
20,380
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
4,500
Density / Sq Mi
$70,800
Median Household Income
$39,497
Median Earnings
$1,650
Median Rent
$428,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with BC Community Business zoning and utilities available on-site, including sewer at the lower property edge.
Where is this commercial land located?
The property is located at 29223 S Pacific Hwy S Federal Way, WA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 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.
