The median home value in Federal Way, WA is $590,000.
This is
lower than
the county median home value of $739,010.
The national median home value is $308,980.
The average price of homes sold in Federal Way, WA is $590,000.
Approximately 53% of Federal Way homes are owned,
compared to 41% rented, while
6% are vacant.
Federal Way real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Federal Way real estate agent to arrange a tour today!
Learn more about Federal Way.
Don't miss out on this exceptional retail strip center located in the heart of Federal Way. Fully leased with long-term tenants, this cash-flowing property offers a secure investment. Lease details are available upon request. Additionally, a new light rail station is being developed directly behind the property, and the City of Federal Way may consider rezoning to allow for multi-family development. Buyer to verify all information. Total rent received is $10,010 + $2,021.50 in NNN.
The parcel covers more than half an acre and offers generous frontage along the Pacific Highway, boasting two exits for convenient access. It represents a promising prospect for potential purchasers to leverage the pre-existing infrastructure, including the option to utilize the already excavated footprint of the original property. This presents an opportunity for the development of a spacious office complex spanning over 6000 square feet, with a wide array of permissible uses.
Large vacant parcel located in the heart of Federal Way. Land is currently zoned for CE. Close proximity to retail and just minutes from I-5!