$3,330,000
Est. $18,445/mo31000 18th Avenue S, Federal Way, WA 98003
• Listed Aug 31, 2025•372 days active · 372 cumulative
Listing Broker: Realtyall.com; Tony Kim; 206-949-6197; tonykimres@yahoo.com
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Listing Broker: Realtyall.com; Tony Kim; 206-949-6197; tonykimres@yahoo.com
About this home
Excellent location within walking distance to the Federal Way Transit Center and the upcoming Light Rail Station. Zoning: BC (Business commercial) Lot Size: Approx. 200’ x 200’ (square lot) Development Potential: Mixed-use building up to 65 ft in height Extended-stay type projects up to 45–46 ft in height -detail to be verified Multiple other options available under current zoning Some concept designs are available through the listing agent. The property offers great visibility from Pacific Hwy S and is situated near the heart of Federal Way, making it an attractive opportunity for investors and developers. Listing agent is part owner of the property.
Listed by Tony Kim • Realtyall.com
Listing updated: September 17, 2026 at 11:37am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2427173
Around this home
How much should you offer?
31000 18th Avenue S, Federal Way, WA 98003
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm/Industrial
Schools
Ratings via SchoolDigger- Mirror Lake Elementary SchoolPublic · Grades PK-5 · 0.7 mi · State rank 973 of 1,1382/10
- Sacajawea Middle SchoolPublic · Grades 6-8 · 0.8 mi · State rank 426 of 5142/10
- Federal Way High SchoolPublic · Grades 9-12 · 0.3 mi · State rank 342 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.92 acres
- Lot square feet
- 40,000 sq ft
Zoning & use
- Zoning description
- Commercial
- Zoning jurisdiction
- City
- Possible use
- Commercial
- Restrictions
- No Restrictions
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- Available
- Gas
- Available
- Water
- Available
- Sewer
- Available
Road & access
- Road information
- Access Easement
Surveys & reports
- Sketch submitted
- No
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Senior exemption
- No
- Financing
- Cash
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 31000 18th Avenue S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Aug 31, 2025ListedNWMLS via MLS Grid · #2427173$3,330,000
- Aug 28, 1998Recorded saleKing County recorder · Statutory warranty deed$150,000
- Jun 23, 1992Recorded saleKing County recorder · Warranty deed$150,000
- Jan 9, 1992Recorded saleKing County recorder · Warranty deed$32,083
Mortgage payment forecast
$21,775 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Realtyall.com; Tony Kim; 206-949-6197; tonykimres@yahoo.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 69 days.
Recent sales nearby
Within 1 mile · last 6 months$564,000 Sold
2 days ago
3 bd•2 ba•~1,440 sq ft•Single Family
31327 12th Place S, Federal Way, WA 98003
1%
Over list
79
Days on market
0.4 mi
Distance
$635,000 Sold
1 week ago
3 bd•2 ba•~1,840 sq ft•Single Family
529 S 302nd Street, Federal Way, WA 98003
1%
Over list
43
Days on market
0.9 mi
Distance
$528,000 Sold
1 week ago
3 bd•2 ba•~1,540 sq ft•Single Family
31244 9th Avenue S, Federal Way, WA 98003
2%
Over list
91
Days on market
0.5 mi
Distance
$466,000 Sold
2 weeks ago
3 bd•2.5 ba•~1,430 sq ft•Single Family
31074 9th Avenue S, Federal Way, WA 98003
3%
Under list
113
Days on market
0.5 mi
Distance
$935,809 Sold
2 weeks ago
5 bd•3 ba•~2,983 sq ft•Single Family
30302 11th Place S, Federal Way, WA 98003
0%
Over list
235
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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