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JRJeff ReynoldsCompass · Seattle

Listed by Maxwell Andrew Donaldson, eXp Realty

Land
Type
63,162 sq ft
Lot
114
Days on market

About this property

Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments, condos, hotels or a combination of the 2 are all a go for this lot. Approximately 41,000 cars traveling past this parcel daily, with new developed neighborhoods to the east, creating huge value for any type of commercial use. Land has been partially cleared with setbacks marked.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2495870
Listed
March 21, 2026
Days on market
114

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
Paved
Lot size
63,162 sq ft

Terms

Terms offered
See Remarks

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableIn Street
Sewer
In Street

Schools

District
Federal Way

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • None
  • Paved
  • See Remarks
  • Electricity Available
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $425,000

    March 21, 2026

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

$2,475

Principal & interest
$2,149
Property tax (est.)
$326

Assumes $85,000 down (20%), a $340,000 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.