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    12  Photos publicLocation signpostStreetView directionsDirections mapMain Map
    For Sale 16 Days Online
    $2,700,000
    8 Acres Lot
    No Garage
    37405 Pacific Hwy S Federal Way WA 98003
    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.
    Offer Review
    Will review offers when submitted
    Listing source NWMLS MLS #
    2513240
    Listed by
    Kelsey Diller, City Closers Real Estate
    Photo 1 37405 Pacific Hwy S Federal Way WA 98003
    Photo 2 37405 Pacific Hwy S Federal Way WA 98003
    Photo 3 37405 Pacific Hwy S Federal Way WA 98003
    Photo 4 37405 Pacific Hwy S Federal Way WA 98003
    Photo 5 37405 Pacific Hwy S Federal Way WA 98003
    Photo 6 37405 Pacific Hwy S Federal Way WA 98003
    Photo 7 37405 Pacific Hwy S Federal Way WA 98003
    Photo 8 37405 Pacific Hwy S Federal Way WA 98003
    Photo 9 37405 Pacific Hwy S Federal Way WA 98003
    Photo 10 37405 Pacific Hwy S Federal Way WA 98003
    Photo 11 37405 Pacific Hwy S Federal Way WA 98003
    Photo 12 37405 Pacific Hwy S Federal Way WA 98003
    Contact our
    Federal Way
    Real Estate Lead
    RE/MAX Northwest Realtors
    Phone...
    Email...
    Request a Property Tour Ask a Question Schedule a Call
    Property History
    May 07, 2026
    Listed
    $2,700,000
    NWMLS #2513240
    Oct 26, 2023
    Listed
    $3,700,000
    NWMLS #2175302
    Mar 14, 2022
    Sold
    $213,500
    NWMLS #1881979
    Jan 24, 2022
    Listed
    $129,000
    NWMLS #1881979
    More
    Listing Details
    • Status
      For Sale
    • Price
      $2,700,000
    • Original Price
      Same as current
    • List Date
      May 7, 2026
    • Last Status Change
      May 7, 2026
    • Last Update
      May 7, 2026
    • Days on Market
      16 Days
    • Cumulative DOM
      17 Days
    • $/sqft (Total)
      --
    • $/sqft (Finished)
      /sqft
    • Listing Source
      NWMLS
    • MLS Number
      2513240
    • Listing Broker
      Kelsey Diller
    • Listing Office
      City Closers Real Estate
    Monthly Payment Estimate
    • Principal and Interest
      $14,154 / month
    • Property Taxes
      / month
    • Homeowners Insurance
      $508 / month
    • TOTAL
      $14,662 / month

    • based on 20% down
      ($540,000)
    • and a
      6.85% Interest Rate
    • About:
      All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
    Property Details
    • Sqft (Total)
      0 sqft
    • Sqft (Finished)
      0 sqft
    • Sqft (Unfinished)
      None
    • Property Type
      Parcel
    • Sub Type
      Res-Over 1 Acre
    • Bedrooms
      Bedrooms
    • Bathrooms
      0 Bathrooms
    • Lot
      8 Acres Lot
    • Lot Size Source
      owner
    • Lot #
      Unspecified
    • Project
      Unspecified
    • Total Stories
      Unspecified
    • Sqft Source
      Unspecified
    Property Tax Info
    • Property Taxes
      Unspecified
    • No Senior Exemption
    Public Parcel Data & Maps
    Schools
    • School District
      Federal Way
    • Elementary
      Enterprise Elem
    • Middle
      Illahee Jnr High
    • High School
      Todd Beamer High
    HOA
    • HOA Dues
      Unspecified
    • Fees Assessed
      Unspecified
    • HOA Dues Include
      Unspecified
    • HOA Contact
      Unspecified
    • Management Contact
    Parking
    • Covered
      Unspecified
    • Has Garage
      No
    Views
    • Territorial
    Construction
    • Home Builder
      Unspecified
    Cooling
    Heating
    Interior
    Property
    • Lot Features
      Corner Lot
      Paved
    Appliances
    Terms
    • 3rd Party Approval Required)
      No
    • Bank Owned (REO)
      No
    • Complex FHA Availability
      Unspecified
    • Potential Terms
      Cash
      Conventional
    Utilities
    • Sewer
      In Street
    • Water Source
      Available
      On Property
    Additional Info
    • Waterfront
      No
    • Air Conditioning (A/C)
      No
    • Buyer Broker's Compensation
      3%
    • MLS Area #
      Area 110
    • Number of Photos
      12
    • Last Modification Time
      Thursday, May 7, 2026 12:30 PM
    • System Listing ID
      5552238
    Update Info
    • First For Sale
      2026-05-07 12:48:59
    Listing details based on information submitted to the MLS GRID as of Thursday, May 7, 2026 12:30 PM. 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.
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    For Sale 16 Days Online
    $2,700,000  
    Offer Review: Anytime
    NWMLS #2513240. Kelsey Diller, City Closers Real Estate
    Map
     
    Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
    Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.