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$599,000
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Property Description
Price recently adjusted to $599,000 as land-use permits advance. Prime shovel-ready development opportunity in a high-demand logistics corridor. Site plans approved with land use permits advancing-Attractive seller financing available. Level 1.16-acre parcel with approved plans for a 5,000 SF warehouse featuring roll-up doors. Zoned Milton Business, allowing office, retail, business services, medical/dental, animal services, automotive, daycare, food service, and more (self-storage not permitted). All major due diligence is complete, including wetland report and delineation, SEPA, survey, and site survey. Utilities are available at the street. The western portion of the parcel is designated for building. Located adjacent to Bridge Point 80 with direct I-5 access, and just minutes to Sea-Tac Airport and Tacoma.
Full Property Details
Full Property Details for 98 5th Ave
General
- Price: $599,000
- Status: Active
- Type: Lots/Land
- Source: NWMLS
- MLS ID: 2346421
- Updated: 2/18/2026
- Added to Site: 346 day(s) ago
Location
- Area: 100 - Jovita/West Hill
- County: King
- Subdivision: Milton
- Driving Directions: From Seattle Follow I-5 S to WA-18 W in Federal Way. Take exit 142B from I-5 S.Follow WA-161 S/Enchanted Pkwy S/Kits Corner Rd S and Milton Rd S to 5th Ave in Milton.
School Information
- High School District: Federal Way
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Utilities
- Sewer: In Street
- Water: In Street
- Utility Description: Electricity Available
Structural Information
- Structure Type: Industrial
Lot Features
- Lot Size (Acres): 1.1615
- Lot Size (Sq. Ft.): 50,593
- Lot Size Source: tax records
- Street/Road Desc.: Paved
- Topography: Sloped
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Zoning: Business
Financial Considerations
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Special Conditions: None
- Property ID: 3221049040
Listed by Kelsey Diller | City Closers Real Estate | (206) 915-6028
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Schools
Schools serving 98 5th Ave
School District:Fife Public Schools
| Name | Grades | Distance |
|---|---|---|
Discovery Primary School 1205 19th Avenue, Milton, WA 98354 | K-2 | 1 mi |
Surprise Lake Middle School 2001 Milton Way, Milton, WA 98354 | 6-7 | 1.1 mi |
Columbia Junior High School 2901 54th Avenue E, Tacoma, WA 98424 | 8-9 | 2.2 mi |
Fife High School 5616 20th St E, Tacoma, WA 98424 | 10-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 98 5th Ave
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$599,000
-7.85%
MLS
3/18/2025
Listed
$650,000
1757.14%
MLS
7/29/2021
Sold
$35,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 98 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$535
—
$50,500
-67%
2024
$535
-88%
$151,700
—
2022
$4,526
231%
$151,700
—
2021
$1,368
—
$151,700
33%
2021
$1,368
-2%
$113,800
—
2020
$1,389
2%
$113,800
—
2019
$1,362
-18%
$113,800
—
2018
$1,651
3%
$113,800
—
2017
$1,606
-4%
$113,800
—
2016
$1,681
2%
$113,800
—
2015
$1,646
-10%
$113,800
—
2014
$1,836
—
$113,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 98 5th Ave
98 5th Avenue, Milton, WA 98354 (MLS# 2346421) is a Lots/Land property with a lot size of 1.1615 acres. 98 5th Avenue is currently listed for $599,000 and was received on March 18, 2025. Want to learn more about 98 5th Avenue? Do you have questions about finding other Lots/Land real estate for sale in Milton? You can browse all Milton real estate or contact a Coldwell Banker agent to request more information.

