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Monroe Development Opportunity: 2.78 Acres
For Sale
$3,000,000

16311 177th Avenue, Monroe, WA 98272

2.78 acres in Monroe with mixed-use zoning and income potential.

Property SizeContact for details
Days on Market479

Property Features for 16311 177th Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $15,383
Listing Agency: FIRST AND MAIN
Listed By: CHAD FOSTER
Source: Corcoran
Added: May 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 FIRST AND MAIN

Investment Insights

Based on property information with market context.

This 2.78-acre property in Monroe, Washington, comprises two parcels zoned Mixed Use – General (MG), presenting various development possibilities. Currently, the site is utilized as an RV and boat storage facility, providing immediate income potential. A pre-application has been submitted for 44 fee simple lots, indicating potential for residential development. The property benefits from its central location, convenient access to major highways, and growing demand in the area. This site is ready for new development ideas.

Key Highlights

  • Prime 2.78‑acre development opportunity in Monroe with Mixed Use – General (MG) zoning.
  • Pre‑application submitted for 44 fee simple lots, ideal for residential development.
  • Immediate income potential as an existing RV and boat storage facility.

Property Analytics

Current Use

LaVend Vending & Management ... Big Box & Wholesale Store RS Park Place ... Storage Facility RS Park Place, ... Storage Facility Refined Motorsports LLC Car Dealership

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Big Box & Wholesale Store Building Supply Hair Salon

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

299
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Chevron Shops & Services
14,580 visits/mo 0.5 miles
City Buffet Dining
2,686 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
698 visits/mo 0.3 miles
Mobile Mini - Storage Containers Shops & Services
351 visits/mo 0.4 miles

Demographics for 98272, WA

31,127
Population
10,313
Households
3
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
106.3 sq mi
ZIP Area
293
Density / Sq Mi
$115,894
Median Household Income
$51,879
Median Earnings
$1,902
Median Rent
$638,300
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.78 acres in Monroe with mixed-use zoning and income potential.
Where is this commercial land located?
The property is located at 16311 177th Avenue Monroe, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime 2.78‑acre development opportunity in Monroe with Mixed Use – General (MG) zoning.; Pre‑application submitted for 44 fee simple lots, ideal for residential development.; Immediate income potential as an existing RV and boat storage facility.
More about this property
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