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Industrial Land Assemblage with Buildings
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502 54th Ave E, Fife, WA 98424

Industrial-zoned assemblage combines existing structures with an unimproved yard for owner-user, service, or redevelopment applications.

Property Size6,816 SF
Price / SF$542.84
Days on Market7

Property Features for 502 54th Ave E

General Information

Standard status Active
Size 6,816 SF
Class B
Property subtype Office, Industrial, Land
Zoning Industrial
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Vladimir Olyanich · License #WA 119115
Source: Crexi
Added: Aug 27 Changed: Sep 1 Last Checked: Sep 1 at 9:58PM

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 Coldwell Banker Commercial Danforth

Investment Insights

Based on property information with market context.

This industrial-zoned assemblage covers 2.1 acres in three parcels and combines existing building improvements with an unimproved yard. Parcel 1 includes a stand-alone 6,816-square-foot building on 0.89 acres. Parcel 2 contains a 1,624-square-foot structure, a 714-square-foot garage building, and a 20,700-square-foot lot totaling 0.475 acres. Parcel 3 adds a 31,605-square-foot unimproved yard on 0.726 acres.

The property is at 502 54th Ave E in Fife, Washington, near the Port of Tacoma and with access to Interstate 5, SR-509, and SR-167. It is adjacent to proposed future SR-167 and 54th Avenue E interchange improvements. The offering is positioned for owner-users, contractors, industrial service companies, investors, and redevelopment buyers, subject to applicable municipal code requirements.

Key Highlights

  • 2.1‑acre industrial‑zoned assemblage comprising three parcels
  • Parcel 1: 6,816 SF stand‑alone building on 0.89 Acres
  • Parcel 2: 1,624 SF structure with 714 garage building

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Garden Center Nail Salon Pharmacy (Bike/Boat/Book/etc) Store Catering Service

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

281
Businesses Nearby

Demographics for 98424, WA

12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,926
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
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 - Industrial-zoned assemblage combines existing structures with an unimproved yard for owner-user, service, or redevelopment applications.
Where is this industrial land located?
The property is located at 502 54th Ave E Fife, WA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 2.1‑acre industrial‑zoned assemblage comprising three parcels; Parcel 1: 6,816 SF stand‑alone building on 0.89 Acres; Parcel 2: 1,624 SF structure with 714 garage building
(425) 615-0577 Call to check price and availability
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