Prime opportunity in Federal Way! Conveniently located just minutes from I-5, Hwy 167, and all major shopping centers, this property offers both unbeatable accessibility and investment potential. The City has committed to extending sewer access to the area by the end of 2026 — once completed, the lot allows for the construction of two duplexes, making it ideal for builders, investors, or those looking to create strong rental income potential. A rare combination of location, convenience, and future development value. Don’t miss your chance to secure one of Federal Way’s most promising opportunities!
Pending feasibility
Listed by: John L. Scott, Inc • Richard Bezus
$214,888
32227 Military Road S, Federal Way, WA 98001
--beds
--baths
10,267Square Feet
:
Get pre-qualified$1,350/mo
Unimproved Land
Built in ----
10,267 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 211 days |
- 7 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Richard Bezus,
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2468639
Facts & features
Interior
Property
Lot
- Size: 10,267 Square Feet
Details
- Parcel number: 2368100200
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: Not Available
- Water: On Property
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Auburn
Financial & listing details
- Tax assessed value: $129,000
- Annual tax amount: $1,113
- Date on market: 2/10/2026
- Cumulative days on market: 186 days
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,466/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Pending sale | $214,888 |
Source:  NWMLS as distributed by MLS GRID #2468639 Report a problem | ||
| 7/8/2026 | Listed for sale | $214,888-14% |
Source: NWMLS as distributed by MLS GRID #2468639 Report a problem | ||
| 6/12/2026 | Listing removed | $249,995 |
Source: NWMLS as distributed by MLS GRID #2468639 Report a problem | ||
| 1/15/2026 | Listed for sale | $249,995+19.6% |
Source: NWMLS as distributed by MLS GRID #2468639 Report a problem | ||
| 4/20/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 3/6/2021 | Listed for sale | $208,950+17.2% |
Source: RE/MAX Northwest Realtors #1720696 Report a problem | ||
| 8/16/2019 | Sold | $178,300+48.6% |
Source: Public Record Report a problem | ||
| 1/18/2008 | Sold | $120,000+166.7% |
Source: NWMLS as distributed by MLS GRID #27211025 Report a problem | ||
| 3/30/2006 | Sold | $45,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,208 +8.4% | $129,000 +6.6% |
| 2024 | $1,114 +0.6% | $121,000 +16.3% |
| 2023 | $1,107 +4.2% | $104,000 -6.3% |
| 2022 | $1,062 +7% | $111,000 +23.3% |
| 2021 | $993 +5.5% | $90,000 +12.5% |
| 2020 | $941 +0.3% | $80,000 |
| 2019 | $938 +3.7% | $80,000 |
| 2018 | $905 -0.5% | $80,000 +23.1% |
| 2017 | $909 -1.8% | $65,000 |
| 2016 | $926 | $65,000 |
| 2015 | $926 | $65,000 |
| 2014 | $926 | $65,000 +4.8% |
| 2013 | $926 | $62,000 |
| 2012 | -- | $62,000 -11.4% |
| 2011 | -- | $70,000 -5.4% |
| 2010 | -- | $74,000 |
| 2009 | -- | $74,000 +13.8% |
| 2007 | -- | $65,000 +109.7% |
| 2006 | -- | $31,000 |
| 2005 | -- | $31,000 +6.9% |
| 2001 | $392 -2.9% | $29,000 |
| 2000 | $403 | $29,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98001
Nearby schools
GreatSchools rating
- 4/10Lake Dolloff Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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