$2,700,000
Est. $13,695/mo37405 Pacific Highway S, Federal Way, WA 98003
• Listed 2026-05-07•22 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 3:33 PM PDT (date and time MLS GRID Data was obtained). 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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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.
Listed by Kelsey Diller • City Closers Real Estate
Listing updated: May 7, 2026 at 12:30pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513240
5 recent nearby sales, priced between $190K and $230K.

$223,000Last sold price
33020 10th Avenue Sw #c103, Federal Way, WA 98023

$204,200Last sold price
33030 17th Place Se #c-207, Federal Way, WA 98003

$190,000Last sold price
33021 18th Place S #e107, Federal Way, WA 98003
$16,395 per month
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 38 days.
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Ask a RexMont agentMarket data via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.