Listing Agency: NAI Puget Sound Properties Tacoma a***@nai-psp.com Show Phone

Listed By: Dave Douglas, SIOR, CCIM · License #WA 4041

Source: Crexi

Added: Sep 19, 2020 Changed: Aug 8 Last Checked: Aug 11 at 12:22PM

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Investment Insights

Based on property information with market context.

This industrial land is situated midway between Portland and Seattle, making it suitable for regional distribution. It benefits from the labor force available in Lewis and Thurston Counties. Lewis County is considered business-friendly.

Key Highlights

• Ideal location mid‑way between Portland and Seattle.
• Excellent access to Lewis and Thurston County labor force.
• Suitable for regional distribution.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

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

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

295

Businesses Nearby

Explore this area Business Placement

Demographics for 98531, WA

26,669

Population

11,070

Households

2.4

Avg Household Size

38

Median Age

21%

College-Educated

88%

High-School Grad

129.2 sq mi

ZIP Area

206

Density / Sq Mi

$61,963

Median Household Income

$37,330

Median Earnings

$1,068

Median Rent

$285,700

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 - Ideal location for regional distribution between Portland and Seattle.

Where is this industrial land located?

The property is located at 1406-1620 West Reynolds Avenue Centralia, WA.

What are key features of this property?

This property features: Ideal location mid‑way between Portland and Seattle.; Excellent access to Lewis and Thurston County labor force.; Suitable for regional distribution.