Rare ±8-acre land opportunity on Pacific Hwy S in Federal Way. Investment Opportunity with a Single Tenant, 5-Year, Triple Net Lease in place, 6% Cap Rate. Strong visibility, regional access, and a sizable site footprint position this property for both current income and long-term value creation. Large sites in this corridor are increasingly difficult to find. Reach out for additional information and to discuss potential fit. Don’t miss the OM here; https://vimeo.com/1187227711?fl=pl&fe=sh
Property Details
Price:
$2,700,000
MLS #:
NWM2513240
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
S Federal Way
Neighborhood:
110dashpointfederalway
Listed Date:
May 7, 2026
Lot Size:
348,480 sqft / 8.00 acres (approx)
See this Listing
Schools
School District:
Federal Way
Elementary School:
Enterprise Elem
Middle School:
Illahee Jnr High
High School:
Todd Beamer High
Interior
Exterior
Lot Features
Corner Lot, Paved
View
Territorial
Financial
Map
Community
- Address37405 Pacific Highway S -7454 Federal Way WA
- SubdivisionS Federal Way
- CityFederal Way
- CountyKing
- Zip Code98003
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Auburn
- Buenna
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Milton
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Park Trails
- Redondo
- Regency Woods
- Ridgeview
- S Federal Way
- Star Lake
- Steel Lake
- Twin Lakes
- Wedgewood
- West Campus
Market Summary
Current real estate data for Land in Federal Way as of Oct 29, 2026
35
Land Listed
300
Avg DOM
$758,747
Avg List Price
Property Summary
- Located in the S Federal Way subdivision, 37405 Pacific Highway S -7454 Federal Way WA is a Land for sale in Federal Way, WA, 98003. It is listed for $2,700,000 and features 8 acres. To schedule a showing of MLS#nwm2513240 at 37405 Pacific Highway S -7454 in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of City Closers Real EstateThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-29-2026 2:40:06 am. © 2026 NWMLS.
37405 Pacific Highway S -7454
Federal Way, WA


