1600 304Th StFederal Way, WA 98003

Property Details for 1600 304Th St

Lot size

1.26 AC

Zone code

PO

Property type

Land

Property subtype

Commercial land

APN

052104-9204

APU

521049204

Description

This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in Federal Way, Washington. Located at 1600 S 304th St, 98003, this property boasts a highly desirable BC (Business Commercial) zoning designation, recently rezoned for enhanced development potential. Its strategic location offers exceptional accessibility, situated adjacent to Federal Way High School and conveniently close to Pacific Highway South, ensuring high visibility and convenient access for businesses. The land is priced at $31.88 per square foot, representing a compelling value proposition for developers and investors. The property's size and zoning allow for a wide range of commercial development possibilities, catering to various business needs. A potential seller carry-back financing option is available, subject to terms and conditions. This is an excellent chance to acquire a well-positioned commercial lot in a thriving King County location. The property's proximity to established infrastructure and residential areas makes it an attractive investment for long-term growth and profitability. Serious inquiries are encouraged to explore this promising opportunity further.

• Alternative Use

  Use

  Valuation

  Residential

  $16,981,882

  Hospitality

  $15,555,312

  Educational

  $12,941,837

  Medical

  $13,386,927

  Retail

  $20,131,746

Location Insight

City

Federal Way

County

King

State

Washington

Latitude

47.33

Longitude

-122.314

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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