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  • Listed by: John L. Scott, Inc
    $249,995

    32227 Military Road S, Federal Way, WA 98001

    --beds
    --baths
    10,267.09Square Feet
    Unimproved Land
    Built in ----
    10,267.09 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    70 days
    |
    64
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 15, 2026 at 03:03pm

    Listed by:

    Richard Bezus,

    John L. Scott, Inc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2468639MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Lot
      • Size: 10,267.09 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: $121,000
      • Annual tax amount: $1,113
      • Date on market: 1/15/2026
      • Cumulative days on market: 71 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

        Price history
        DateEventPrice
        1/15/2026Listed for sale$249,995+19.6%
        Source: NWMLS as distributed by MLS GRID #2468639 Report a problem
        4/20/2021Listing removed--
        Source: RE/MAX International Report a problem
        3/6/2021Listed for sale$208,950+17.2%
        Source: RE/MAX Northwest Realtors #1720696 Report a problem
        8/16/2019Sold$178,300+48.6%
        Source: Public Record Report a problem
        1/18/2008Sold$120,000+166.7%
        Source: NWMLS as distributed by MLS GRID #27211025 Report a problem
        3/30/2006Sold$45,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        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

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 98001

        Getting around

        21 / 100
        Car-Dependent
        30 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 98001

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