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Grand Mound Industrial Land I-5
For Sale
$900,000

5919 Ivan Way SW, Rochester, WA 98579

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

Property Size3 SF
Price / SF$300,000
Days on Market413

Property Features for 5919 Ivan Way SW

General Information

Standard status Active
Size 3 SF
Property subtype Land
Zoning PI Planned Industrial
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Kim Adams · License #WA8585
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: Oct 25 Last Checked: Oct 26 at 12:47PM

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

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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Prime I‑5 corridor location at Exit 88 in Grand Mound, WA.
  • Industrial zoning with convenient access.
  • Sewer and water on site.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Garden Center Parking Lot & Garage Dental Office Hair Salon Auto Parts Store Veterinary Clinic

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

128
Businesses Nearby

Demographics for 98579, WA

13,648
Population
5,005
Households
2.7
Avg Household Size
42
Median Age
19%
College-Educated
92%
High-School Grad
94.2 sq mi
ZIP Area
145
Density / Sq Mi
$94,284
Median Household Income
$47,834
Median Earnings
$1,222
Median Rent
$405,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

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 5919 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.
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