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Former Walmart Shopping Center
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1900 S 314th St, Federal Way, WA 98003

Large-format retail property with flexible CCF-City Center Frame zoning and separate parcel options.

Property Size128,711 SF
Days on Market170

Property Features for 1900 S 314th St

General Information

Standard status Active
Size 128,711 SF
Property subtype Retail
Zoning CCF-City Center Frame
Listing Agency: SRS Real Estate Partners San Diego
Listed By: Matt Martinez · License #CA
Source: Crexi
Added: Apr 29 Changed: Oct 4 Last Checked: Oct 14 at 9:48PM

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 SRS Real Estate Partners San Diego

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Investment Insights

Based on property information with market context.

The property includes a 128,711-square-foot former Walmart building, a 5,579-square-foot former auto center, 9.95 acres of land, and an additional 1.3-acre parcel. The parcels may be conveyed separately, providing flexibility for different redevelopment or occupancy strategies. CCF-City Center Frame zoning supports a broad range of listed uses, including grocery, sporting goods, medical office, medical manufacturing, health club, entertainment, trade center, multifamily, senior housing, and schools.

Located at 1900 S 314th St in Federal Way, the property offers access and signage opportunities along S 314th Street. The surrounding area includes national retailers and dense residential neighborhoods. The site is 10.2 miles from Seattle-Tacoma International Airport and 1 mile from a new Link Light Rail Station.

Key Highlights

  • 128,711 SF former Walmart building on 9.95 AC
  • 5,579 SF former auto center included
  • Additional 1.3 AC parcel; parcels can be sold separately

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby
516k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Superstores 17% Dining 17% Apparel 15%
Walmart Superstores
88,513 visits/mo 0.1 miles
T.J. Maxx Apparel
50,639 visits/mo 0.4 miles
Dollar Tree Shops & Services
33,521 visits/mo 0.1 miles
Best Buy Electronics
33,167 visits/mo 0.4 miles
Barnes & Noble Shops & Services
29,452 visits/mo 0.3 miles

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
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

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  • Neon Plaza — 1200 South 324th St #5, Federal Way, WA 98003
  • Sola Salon Studios — 1414 South 324th St b206, Federal Way, WA 98003
  • Coinstar Kiosk — safeway, 1207 s 320th, federal way, wa 98003
  • Celebration Center — 1414 South 324th St, Federal Way, WA 98003

Frequently Asked Questions

What type of property is this?
Shopping center - Large-format retail property with flexible CCF-City Center Frame zoning and separate parcel options.
Where is this shopping center located?
The property is located at 1900 S 314th St Federal Way, WA.
What are key features of this property?
This property features: 128,711 SF former Walmart building on 9.95 AC; 5,579 SF former auto center included; Additional 1.3 AC parcel; parcels can be sold separately
(360) 946-4240 Call to check price and availability
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