#1 • 1.58 AC Commercial Development Land

Part of 1.58 AC Commercial Land Federal Way, Washington (timed auction by Transition Auction Group)

Location: Federal Way, WA

High bid $250,000.00

Status: Sold

Category: Commercial Land Auction

 $75,000  First Bid Meets Reserve!    1.58 AC Commercial Development Land | Federal Way, WA Starting at $75,000 — Don't Miss This Rare Opportunity!   Bidding Begins on May 11th and Begins Closing on June 4th@4PM PST   THIS IS THE ONE. A prime, high-visibility 1.58± acre corner parcel is hitting the auction block — and savvy investors are already taking notice. Perfectly positioned at a signalized intersection in one of Federal Way's most dynamic retail and residential corridors, this is the kind of deal that doesn't come around twice.   PROPERTY HIGHLIGHTS APN : 122103-9030 1.58± Acres (67,200± SF) of raw commercial potential Address: 2105 SW 320th St, Federal Way, WA 98023 Prime Corner Parcel — SW 320th St & 21st Ave SW Exceptional frontage and maximum visibility Signalized intersection — your future business gets seen Wireless Telecom Easement - see documents for Info   TRAFFIC COUNTS THAT SPEAK FOR THEMSELVES 17,000+ vehicles per day on SW 320th St 14,000+ vehicles per day on 21st Ave SW That's tens of thousands of potential customers rolling past your doorstep — every single day.   FLEXIBLE ZONING — BUILD YOUR VISION Zoned Professional Office (PO) with a wide range of permitted uses: General Office, Medical/Dental, Daycare/Schools, Churches, Cottage Food Operations, and Select Retail/Food Uses. Buyer to verify all uses with the City.   SURROUNDED BY SUCCESS Dense, affluent residential area — over 170,000 people within 5 miles Average Household Income of $129,000+ Close proximity to Highway 99 & I-5 Flanked by national and regional retailers 60,000+ employees within a 5-mile radius This corner isn't just a property — it's the epicenter of a thriving, growing market.      ONLINE AUCTION ONLY   Terms and Conditions  A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs. B) Successful Bidder will be required to enter into the purchase agreement within 2 hrs after close of auction as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final Purchase Price by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default. C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or re-listing the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law. D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding. E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions. F) The sale is not contingent upon a satisfactory inspection. G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any. H) Closing to occur on or before  July 19th, 2026. I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes. J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction. K) There is a 10% (TEN) Buyer’s Premium added to your final bid to determine the final purchase price.    By registering for this auction you are accepting   all Terms and Conditions!    The bidding will open on May 11th at 4pm PST and begin to close at 4:00 PM June 4th, 2026 with a two minute auto extend. This means that if a bid is placed within the last two minutes, the bidding will be extended for an additional two minutes.     What are you waiting for? You truly must see this property in person to fully appreciate it. Register to bid and check out all the documents and photos that we have available for your due diligence. Great investment opportunity!     For Property and Auction Info:   Brian Brockman,  Auctioneer - Broker | Bang Realty Inc.   513-300-0763 | brian@bangrealty.com