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    5911 Ivan Way SW Rochester, WA 98579

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    For Sale
    $900,000

    3.44 acres of industrial land with I-5 corridor access.

    Property size:
    3 SF
    Lot size:
    3.44 Acres

    Property Features for 5911 Ivan Way SW

    General Information

    Zoning
    PI Planned Industrial
    Size
    3 SF
    Lot size
    3.44 Acres

    Source: Kim Adams Agent Kim Adams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Mound Industrial Land I-5

    This property features 3.44 acres of industrial-zoned land situated along the I-5 corridor at Exit 88 in Grand Mound, Washington. The site benefits from convenient access and has sewer and water services available on-site. The topography is level. Reports on gopher activity, wetlands, and prairie habitat have been completed. Located approximately 15 miles southwest of Olympia, Washington, near the Thurston-Lewis County border, the Grand Mound area is experiencing commercial development due to its location at the Highway 12 junction. Recent constructions in the area include a waterpark, hotels, a distillery, and several restaurants, with further growth anticipated. The location offers high visibility from the major roadway. Several light manufacturing and warehouse projects are in development, taking advantage of the quick and easy freeway access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Thurston
    State
    Washington
    Longitude
    -123.0043119
    Latitude
    46.7968293

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    FAQs

    What type of property is this?
    Land - 3.44 acres of industrial land with I-5 corridor access.
    Where is this land located?
    The property is located at 5911 Ivan Way SW Rochester, WA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime I-5 corridor location at Exit 88 in Grand Mound, WA.; - Industrial zoning with convenient access.; - Sewer and water on site.
    (206) 949-8723
    Request Owner's contact information
    5911 Ivan Way SW Rochester, WA 98579
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    Rochester, WA 98579
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5911 Ivan Way SW Rochester, WA 98579
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