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.
Active
Listed by: eXp Realty • Maxwell Andrew Donaldson
$425,000
1111 Enchanted Pkwy S, Federal Way, WA 98003
--beds
--baths
1.45Acres
Unimproved Land
Built in ----
1.45 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 164 days
- 89
- 5
Zillow last checked:
Listing updated:
Listed by:
Maxwell Andrew Donaldson,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2495870
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 1.45 Acres
- Features: Paved
- Topography: Level
Details
- Parcel number: 2821049171
- Zoning: NB
- Zoning description: Business,Commercial,Multi-Family,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Available
- Sewer: In Street
- Water: Available, In Street
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Enchanted Village
Location
- Region: Federal Way
Financial & listing details
- Annual tax amount: $1,502
- Date on market: 3/21/2026
- Cumulative days on market: 165 days
- Listing terms: See Remarks
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2026 | Listed for sale | $425,000 |
Source: eXp Realty #2495870 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 98003
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