37405 Pacific Highway S, Federal Way, WA 98003
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: kelsey diller
Office: city closers real estate206-915-6028
MLS#:2513240
Source:NWMLS
37405 Pacific Highway S,Federal Way, WA 98003
$2,000,000
- 8 Acres
- Lots / Land
- Pending Feasibility
Price summary
- Price:$2,000,000
About this home
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.
Contact an agent
Home facts
- Subdivision & Development:S Federal Way
- Listing ID #:2513240
- Updated:November 12, 2026 at 10:01 AM
Structure and exterior
- Lot area:8 Acres
- Lot Features:Corner, Paved
Schools
- High school:Todd Beamer High
- Middle school:Illahee Jnr High
- Elementary school:Enterprise Elem
Utilities
- Water:Available, On Property
- Sewer:In Street
Finances and disclosures
- Price:$2,000,000
New listings near 37405 Pacific Highway S
- Coming Soon
$625,000First Look4 beds 3 baths3,120 sq. ft.2819 SW 324th Place, Federal Way, WA 98023
MLS# 2600679Listed by: WINDERMERE PROF PARTNERS - Open Fri, 3 to 5pmNew
$185,000Active2 beds 2 baths1,350 sq. ft.2101 S 324th Street #186, Federal Way, WA 98003
MLS# 2602037Listed by: EXP REALTY - New
$699,000Active4 beds 3 baths2,730 sq. ft.3925 317 Th Street Sw, Federal Way, WA 98023
MLS# 2602798Listed by: COLDWELL BANKER DANFORTH - New
$570,000Active3 beds 3 baths1,840 sq. ft.32024 4th Avenue Sw, Federal Way, WA 98023
MLS# 2602541Listed by: WINDERMERE RE WEST CAMPUS INC - New
$725,000Active4 beds 3 baths2,534 sq. ft.186 SW 311th Place, Federal Way, WA 98023
MLS# 2602778Listed by: BERKSHIRE HATHAWAY HS NW - New
$674,950Active4 beds 3 baths2,400 sq. ft.3614 SW 331st Street, Federal Way, WA 98023
MLS# 2602660Listed by: PREMIER REAL ESTATE PARTNERS - New
$315,000Active2 beds 2 baths960 sq. ft.33020 10th Avenue Sw #A 304, Federal Way, WA 98023
MLS# 2602218Listed by: BERKSHIRE HATHAWAY HS NW - Open Fri, 3 to 5pmNew
$325,000Active2 beds 2 baths1,932 sq. ft.2101 S 324th Street #11, Federal Way, WA 98003
MLS# 2602035Listed by: EXP REALTY - New
$392,000Active3 beds 2 baths1,150 sq. ft.704 S 314th Street, Federal Way, WA 98003
MLS# 2602192Listed by: WINDERMERE RE SOUTH SOUND, INC
$274,995Active3 beds 2 baths1,017 sq. ft.4601 SW 320th St #M7, Federal Way, WA 98023
MLS# 2598530Listed by: EXP REALTY