29020 Military Road South

Federal Way, WA 98003

$795,000
Price
73,022 / 1.68
Lot Size / Acres

Description

Mixed-use development opportunity centrally located within the City of Federal Way. Two contiguous parcels combine for 1.68 acres. The property is zoned Neighborhood Business, which allows several development options including; Office, Retail, Car Washes, Gas Stations, Multifamily and Senior Housing. Commercial & Residential mixed-use developments are encouraged. Furthermore, the site receives good exposure with approximately 300' of frontage along Military Road S and 15K-25K daily traffic counts....Mixed-use development opportunity centrally located within the City of Federal Way. Two contiguous parcels combine for 1.68 acres. The property is zoned Neighborhood Business, which allows several development options including; Office, Retail, Car Washes, Gas Stations, Multifamily and Senior Housing. Commercial & Residential mixed-use developments are encouraged. Furthermore, the site receives good exposure with approximately 300' of frontage along Military Road S and 15K-25K daily traffic counts. Sewer, water and electricity are all available in street. Convenient access to I-5, Pacific Hwy S, and the Star Lake future light rail station.
  1. Listed by Drake Remlinger • The Remlinger Group

Property Details for 29020 Military Road South

Community Name
Steel Lake
School District
Federal Way
Entry Date
11-07-2022
Sewer
Available, In Street

Location

Listing Courtesy of The Remlinger Group
Add your commute
LISTING UPDATED: 04/15/2024 10:42 AM

Property Details for 29020 Military Road South

StatusActive
MLS #2014843
Days on Market537
Cumulative Days on Market536
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.68 AC
CountyKing County

Location

Listing Courtesy of The Remlinger Group
Add your commute

Building Information for 29020 Military Road South

Lot Size1.68 AC

Payment Calculator

$4,339 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 29020 Military Road South

Summary
Location and General Information
  • Style: 43 - Comm/Industrial
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From Peasely-Canyon Road, drive north on Military Rd. Property is on the right, just across from a strip mall and just south of Safeway.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Additional Tax Ids: 042104-9086
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: Available, In Street
  • Utilities: Natural Gas Available, Electricity Available
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Zoning Remarks: BN (Neighborhood Business)
  • Lot Topography: Level,Rolling
  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 7
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 0421049039
  • Calculated Square Footage: 0
  • Structure Type: Industrial
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 29020 Military Road South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 29020 Military Road South

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Valhalla Elementary School
PublicPK to 5

Kilo Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Career Academy At Truman High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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29020 Military Road South is a 1.68 ac of land for sale in Federal Way, WA 98003. This property was listed for sale on November 7, 2022 by The Remlinger Group, it's currently listed at $795,000. This listing's school district is Federal Way School District. Nearby schools include Valhalla Elementary School, Kilo Middle School and Thomas Jefferson High School. 29020 Military Road South is a 0-bed, 0-bath, 1.68 ac of land on a 73,022 sq. ft. / 1.68 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Remlinger Group

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.