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Shovel-Ready Industrial Land Parcel
For Sale
$599,000

98 5th Avenue, Milton, WA 98354

Level 1.16-acre parcel with approved plans for a 5,000 SF warehouse and utilities available at the street.

Property SizeContact for details
Days on Market542

Property Features for 98 5th Avenue

General Information

Standard status Active
Property subtype Land

Amenities

0, 0, 0, 0
No
Paved
Listing Agency: City Closers Real Estate
Listed By: Kelsey Diller · License #24667
Source: Compass
Added: Mar 16, 2025 Changed: Aug 8 Last Checked: Jul 22 at 12:49PM

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 City Closers Real Estate

Investment Insights

Based on property information with market context.

This shovel-ready industrial land parcel is offered at 1.16 acres with approved site plans for a 5,000 SF warehouse and roll-up doors. The western portion of the parcel is designated for building. The listing also notes that all major due diligence is complete, including a wetland report and delineation, SEPA, survey, and site survey. Utilities are available at the street, and land-use permits are advancing, with seller financing available.

The property is located at 98 5th Avenue in Milton, WA 98354, adjacent to Bridge Point 80, with direct I-5 access. The remarks state it is just minutes to Sea-Tac Airport and Tacoma.

The parcel is zoned “Milton Business.” Permitted uses listed in the remarks include office, retail, business services, medical/dental, animal services, automotive, daycare, and food service, among others. Self-storage is not permitted under the provided zoning information.

Key Highlights

  • 1.16‑acre level parcel with approved site plans for a 5,000 SF warehouse with roll‑up doors
  • Zoned Milton Business; permitted uses include office, retail, business services, medical/dental, animal services, automotive, daycare, and food service (self‑storage not permitted)
  • Seller financing available; price recently adjusted to $599,000 as land‑use permits advance

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale 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

184
Businesses Nearby

Demographics for 98354, WA

8,264
Population
3,242
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
2.8 sq mi
ZIP Area
2,951
Density / Sq Mi
$90,361
Median Household Income
$56,581
Median Earnings
$2,010
Median Rent
$510,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Level 1.16-acre parcel with approved plans for a 5,000 SF warehouse and utilities available at the street.
Where is this industrial land located?
The property is located at 98 5th Avenue Milton, WA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1.16‑acre level parcel with approved site plans for a 5,000 SF warehouse with roll‑up doors; Zoned Milton Business; permitted uses include office, retail, business services, medical/dental, animal services, automotive, daycare, and food service (self‑storage not permitted); Seller financing available; price recently adjusted to $599,000 as land‑use permits advance
More about this property
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