Listing provided courtesy of City Closers Real EstateNWMLSMLS# NWM2513240MLS Provider
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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.

Source: NWMLS, MLS#: NWM2513240

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  • Property Type
    Land
  • Lot
    8.00 acres

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Jordan Doughty

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  • Median Age
    35
  • Population Density
    4,212
  • College Educated
    37%
  • Estimated Median Income
    $59,560
  • Estimated Total Home Owners
    8,722
  • Estimated Total Renters
    9,793
  • Owner / Renter Divide
    47% / 53%
  • Estimated Average Household Size
    3
  • Total Population
    49,445
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 37405 Pacific Highway S


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: NWMLS Status Change
Pending
5/7/2026Source: NWMLS Added to Database
May 07, 2026
6/20/2022Source: NWMLS Added to Database
January 25, 2022
3/17/2022Source: NWMLS Status Change
Sold
1/26/2022Source: NWMLS Status Change
Pending