Listed by John L. Scott, Inc.
$425,000
$50K PRICE DROP

0 XXXX Washington 161 Federal Way, WA 98003

Estimated payment $2,455/month

Total Views 7,365
1.45 Acres
$293,103 Price per Acre
63,162 Sq Ft Lot

About This Lot

This 63,162 sq/ft located in the city of Federal Way. The property is ideal for Retail and Service Businesses: Small-scale retail store, grocery store, pharmacies and other small businesses that cater to the local neighborhood needs. Other options would be food and beverage stores, restaurants and delicatessens, personal services like barbershops, beauty salons, flower shops, daycare nurseries, and shipping and delivery locations. A bus line goes by the property. The land is mostly flat and gently slopes on the North boundary. The Property needs permits. Note: Address listed as XXX HWY 161. Address is not yet assigned.

Listing Agent

Darren Parsons

John L. Scott, Inc. License #122518 Listed on: 02/06/2025

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2329931

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,432

Lot Details

  • 1.45 Acre Lot
  • Zoning described as Business,Commercial,Multi-Family,Office,Retail

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2821049171

Property Details

Property Type

Land

Est. Annual Taxes

$1,432

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 149

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: South

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 2821049171
  • Lot Size Acres: 1.45
  • Lot Size Sq Ft: 63162
  • Zoning Description: Business,Commercial,Multi-Family,Office,Retail
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1431.58

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $425,000 -10.5% --
02/06/2025 02/06/25 For Sale $475,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2329931

Northwest Multiple Listing Service (NWMLS)