Opportunity Knocks! Lightly treed 1.2 Acres prime Federal Way real estate ready for redevelopment. This level corner lot (at the intersection of SW 336th St & 3rd Ave SW), the site of a previously demolished house is potentially subdividable into 4 separate parcels. New constructions on the same street to the west are being marketed above $1.2M. Most of the utilities are at the site and sewer in the street providing relatively easy building process. With the recent passage of HB-1110 allowing more density in a single residential lot, further enhances the value of this property. Super convenient location. Minutes to major freeways, reginal shopping center, downtown and port of Tacoma.