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Lacey Pad-Ready Development Site
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6790 Martin Way E, Lacey, WA 98516

1.02-acre mixed-use development site with high visibility.

Property SizeContact for details
Lot Size1.02 Acres
Days on Market1189

Property Features for 6790 Martin Way E

General Information

Standard status Active
Lot size 1.02 Acres
Property subtype LAND
Listing Agency: BHGRE Commercial Premier NW
Listed By: Joni Baker
Source: Moodyscre
Added: May 12, 2023 Changed: Aug 9 Last Checked: Aug 11 at 2:11PM

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 BHGRE Commercial Premier NW

Investment Insights

Based on property information with market context.

This 1.02-acre pad site is positioned along one of Lacey’s busiest commercial corridors, offering visibility and development flexibility. Zoned Mixed-Use High Density Corridor (MHDC), the property supports a range of uses, including retail, office, R&D, and mixed-use projects. Infrastructure is in place, making the site pad-ready for developers or owner-users looking to capitalize on traffic counts and growth. The location provides access to major arterials and established commercial amenities, making it suitable for a high-impact development. Secondary uses include Flex/R&D. The site has high visibility along Martin Way E and a strong commercial presence. The proposed building site is ready for development. A restriction exists against car wash use per title.

Key Highlights

  • Pad‑ready 1.02‑acre site with infrastructure in place
  • Zoned MHDC (Mixed‑Use High Density Corridor) allowing for retail, office, R&D, and mixed‑use projects
  • High visibility along Martin Way E in a busy commercial corridor

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Law Firm Gym & Fitness Center Real Estate Agency Auto Parts Store

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

684
Businesses Nearby

Demographics for 98516, WA

29,443
Population
11,600
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,022
Density / Sq Mi
$92,191
Median Household Income
$52,188
Median Earnings
$1,948
Median Rent
$528,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.02-acre mixed-use development site with high visibility.
Where is this commercial land located?
The property is located at 6790 Martin Way E Lacey, WA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Pad‑ready 1.02‑acre site with infrastructure in place; Zoned MHDC (Mixed‑Use High Density Corridor) allowing for retail, office, R&D, and mixed‑use projects; High visibility along Martin Way E in a busy commercial corridor
(360) 943-9922 Call to check price and availability
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