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1111 Enchanted Pkwy S 1.45 Acres of Commercial Land Offered at $425,000 in Federal Way, WA 98003
Investment Highlights
- 41,000 vehicle traffic daily
- 200 feet street frontage
- Flat lot
Executive Summary
Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments, condos, hotels or a combination of the 2 are all a go for this lot. Approximately 41,000 cars traveling past this parcel daily, with new developed neighborhoods to the east, creating huge value for any type of commercial use. Land has been partially cleared with setbacks marked.
Property Facts
| Price | $425,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.45 AC |
| Property Type | Land | ||
| Zoning | NB - Neighborhood Business. | ||
| Price | $425,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.45 AC |
| Zoning | NB - Neighborhood Business. |
1 Lot Available
Lot
| Price | $425,000 | Lot Size | 1.45 AC |
| Price Per AC | $293,103.45 |
| Price | $425,000 |
| Price Per AC | $293,103.45 |
| Lot Size | 1.45 AC |
Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments,
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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1111 Enchanted Pkwy S