Mixed-Use Development
For Sale
Contact for pricing
Pending
29020 - 29026 Military Road S, Federal Way, WA 98003
Two-parcel assemblage on Military Road with a soil report indicating suitability for a 17,000-sf building.
Property Size17,000 SF
Lot Size1.68 Acres
Days on Market150
Property Features for 29020 - 29026 Military Road S
General Information
Standard status
Pending
Size
17,000 SF
Lot size
1.68 Acres
Property subtype
Retail, Land
Building Details
Stories
3
Listing Agency:
Terrafin Commercial
Listed By:
Kate Stanford · License #WA
Source:
Crexi
Added: Apr 12
Changed: Sep 4
Last Checked: Sep 8 at 4:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Terrafin Commercial
Investment Insights
Based on property information with market context.
Two-parcel land assemblage offered for sale, consisting of 1.68 acres. The site has some clearing along Military Road, which provides a view into the property. A soil report indicates the ground is satisfactory for a 17,000 sf building, and entitlements were previously in place in 2009 for a 17K square foot retail development, available upon request.
The property is located just south of Safeway on Military Road in Federal Way. The remarks describe the area as heavily populated and a high drive-traffic location.
In addition to retail development, the provided information notes potential for an assisted living center, as well as a concept of retail at street level with multi-family above, up to 3 stories according to the city planner.
The property is located just south of Safeway on Military Road in Federal Way. The remarks describe the area as heavily populated and a high drive-traffic location.
In addition to retail development, the provided information notes potential for an assisted living center, as well as a concept of retail at street level with multi-family above, up to 3 stories according to the city planner.
Key Highlights
- Two‑parcel assemblage totaling 1.68 acres on Military Road in Federal Way.
- Location sits just south of Safeway, with some clearing along Military Road providing a view into the property.
- Soil report indicates ground is satisfactory for a 17,000 SF building (document available via listing broker).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 98003, WA
51,751
Population
20,380
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
4,500
Density / Sq Mi
$70,800
Median Household Income
$39,497
Median Earnings
$1,650
Median Rent
$428,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two-parcel assemblage on Military Road with a soil report indicating suitability for a 17,000-sf building.
Where is this commercial land located?
The property is located at 29020 - 29026 Military Road S Federal Way, WA.
What are key features of this property?
This property features: Two‑parcel assemblage totaling 1.68 acres on Military Road in Federal Way.; Location sits just south of Safeway, with some clearing along Military Road providing a view into the property.; Soil report indicates ground is satisfactory for a 17,000 SF building (document available via listing broker).
