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5919 Ivan Way Rochester, WA 98579

Sponsored
For Sale
$900,000

4.54 Acres, I-5 Corridor, $900,000

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 4.54-acre commercial land parcel presents a prime investment opportunity in the rapidly growing Grand Mound, Washington area. Strategically located on the I-5 corridor at Exit 88, this property boasts convenient access to major transportation routes, making it ideal for a variety of commercial uses. The land is zoned PI (Planned Industrial), offering flexibility for development. All necessary environmental studies are complete, including a gopher report, wetland report, and prairie habitat report. Utilities are readily available on-site, with sewer and water already connected. The level topography simplifies construction and development. This location offers high visibility from the major roadway, benefiting businesses seeking strong exposure. The Grand Mound area, situated approximately 15 miles southwest of Olympia, near the Thurston and Lewis County border, is experiencing significant commercial growth, with recent additions including a waterpark, hotels, a distillery, and several restaurants. This trend indicates a strong potential for future development and increased property value. The proximity to the Highway 12 junction further enhances the property's strategic advantage, attracting businesses seeking efficient logistics and convenient access to a wider market. Several light manufacturing and warehouse projects are currently underway in the area, highlighting the demand for industrial space in this thriving location. This property represents a rare opportunity to capitalize on the burgeoning commercial development within the I-5 corridor. The asking price is $900,000.

Property Features for 5919 Ivan Way

General Information

Property type
Land
Lot Size
197,762 SF

HighLights

  • 4.54‑acre commercial land parcel in Grand Mound, WA.
  • I‑5 corridor location at Exit 88 with excellent access to major transportation routes.
  • PI (Planned Industrial) zoning allows for flexible development.
  • All environmental studies (gopher, wetland, prairie habitat) are complete; utilities (sewer & water) are connected.
  • Level topography simplifies construction; high visibility from I‑5.
  • Located near Olympia, in an area with significant recent commercial growth (waterpark, hotels, distillery, restaurants).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Thurston
State
Washington
Longitude
-123.0060559
Latitude
46.8009412

FAQs

What type of property is this?
Land - 4.54 Acres, I-5 Corridor, $900,000
Where is this land located?
The property is located at 5919 Ivan Way 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: 4.54-acre commercial land parcel in Grand Mound, WA.; I-5 corridor location at Exit 88 with excellent access to major transportation routes.; PI (Planned Industrial) zoning allows for flexible development.
More about this property
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