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JRJeff ReynoldsCompass · Seattle

Listed by Tony Kim, Realtyall.com

Land
Type
40,000 sq ft
Lot
316
Days on market

About this property

Excellent location within walking distance to the Federal Way Transit Center and the upcoming Light Rail Station. Zoning: BC (Business commercial) Lot Size: Approx. 200’ x 200’ (square lot) Development Potential: Mixed-use building up to 65 ft in height Extended-stay type projects up to 45–46 ft in height -detail to be verified Multiple other options available under current zoning Some concept designs are available through the listing agent. The property offers great visibility from Pacific Hwy S and is situated near the heart of Federal Way, making it an attractive opportunity for investors and developers. Listing agent is part owner of the property.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2427173
Listed
August 31, 2025
Days on market
316

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot size
40,000 sq ft

Terms

Terms offered
Cash Out

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
Available
Sewer
Available

Schools

District
Federal Way

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  • None
  • Cash Out
  • Electricity Available
  • Natural Gas Available
  • Available

Listing history

  1. Listed

    $3,330,000

    August 31, 2025

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$19,391

Principal & interest
$16,838
Property tax (est.)
$2,553

Assumes $666,000 down (20%), a $2,664,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.