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Investment Highlights

  • Prominent 1.58-Acre Corner Development Site
  • Wide Street Frontage
  • High-Visibility Parcel

Executive Summary

First Bid Meets Reserve THIS IS THE ONE. A prime, high-visibility 1.58± acre corner parcel is hitting the auction block — and savvy investors are already taking notice. Perfectly positioned at a signalized intersection in one of Federal Way's most dynamic retail and residential corridors, this is the kind of deal that doesn't come around twice. Go to https://bit.ly/3Qhd478 to enter bids.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Daycare Centre
  • Religious Facility
  • Schools
Total Lot Size 1.53 AC
Zoning PO - Professional Office

1 Lot Available

Lot

Lot Size 1.53 AC

Description

2105 Southwest 320th Street- a rare opportunity to acquire a prominent 1.58-acre corner development site in one of Federal Way’s active retail and residential corridors. Positioned at a signalized intersection, this high-visibility parcel offers exceptional exposure, strong access, and broad potential for future commercial development. The site’s flexible configuration and smooth terrain support efficient planning and design, helping maximize buildable area while accommodating parking and infrastructure needs. Wide street frontage further enhances visibility and creates a strong presence for a future project. Accessible utility corridors add to the property’s appeal by simplifying service coordination and reducing typical development hurdles. Surrounded by an established and growing community, the property benefits from solid nearby demographics, including 17,281 residents within 1 mile and average household incomes of approximately $115,998. This is an outstanding chance for investors or developers seeking a well-located land asset with long-term upside, strong neighborhood fundamentals, and the flexibility to bring a high-impact commercial vision to life. Go to https://bit.ly/3Qhd478 to enter bids.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
122103-9030
Land Assessment
$936,748 CAD
Improvements Assessment
$0 CAD
Total Assessment
$936,748 CAD
  • Listing ID: 40304856

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 2105 SW 320th Street, Federal Way, Federal Way, WA 98023

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