Listing Agency: SVN Cornerstone LLC o***@svn.com Show Phone

Listed By: Omar Sadaoui, CCIM · License ##22008121 Show Phone

Source: Moodyscre

Added: Jan 9, 2025 Changed: Jul 31 Last Checked: Jul 31 at 11:35AM

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Investment Insights

Based on property information with market context.

This light industrial land development offers lot options ranging from 2.19 to 9.47 acres, with build-to-suit flexibility and configurations suited to owner-users or tenants. The property is being developed with 3-phase power, 8-inch water stubs, 6-inch sewer mains, 2-inch natural gas, and fiber installed. Phase I site work is 90% complete and scheduled for completion in Spring of 2025.

Located at the corner of Cedar Rd and Enoch Rd, the development is directly across from Deer Park Airport in Deer Park, WA. Completed entitlements include geotechnical work, survey and short plat, roads, curb and gutter, sidewalks, and utilities. The property size is 50,000 square feet.

Key Highlights

• Lot options range from 2.19 to 9.47 acres
• 3‑phase power, 8" water stubs, 6" sewer mains, 2" natural gas, and fiber installed
• Phase I site work is 90% complete and scheduled for completion in Spring of 2025

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Restaurant Travel Agency Storage Facility Coworking & Hybrid Office

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

Explore this area Business Placement

Demographics for 99006, WA

13,711

Population

5,287

Households

2.6

Avg Household Size

43

Median Age

16%

College-Educated

94%

High-School Grad

164.1 sq mi

ZIP Area

84

Density / Sq Mi

$65,375

Median Household Income

$41,198

Median Earnings

$970

Median Rent

$366,600

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Permit-ready light industrial development with installed utilities and flexible lot configurations.

Where is this industrial land located?

The property is located at 1481 N Cedar Rd Deer Park, WA.

What are key features of this property?

This property features: Lot options range from 2.19 to 9.47 acres; 3‑phase power, 8" water stubs, 6" sewer mains, 2" natural gas, and fiber installed; Phase I site work is 90% complete and scheduled for completion in Spring of 2025