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Monroe Land Development Opportunity

Tjerne Place, Monroe, WA 98272

For Sale
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Commercial and residential development opportunity in Monroe, Washington.

Property Size11 SF
Days on Market348

Property Features for Tjerne Place

General Information

Standard status Active
Size 11 SF
Property subtype Land
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Chris Peterson, SIOR, CCIM
Source: Lee-associates
Added: Nov 26, 2025 Changed: Nov 6 Last Checked: Nov 8 at 3:42AM

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 Lee & Associates Commercial Real Estate Services

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Investment Insights

Based on property information with market context.

Tjerne Place is a development opportunity suitable for commercial and residential uses. It is located in a well-established commercial district in Monroe, Washington, with direct access to US Highway 2. The City has revisited its past development plans and has remade and re-envisioned Tjerne Place in an effort to further stimulate development on the last remaining sector for commercial development within the North Kelsey area. The property size is 11 acres.

Key Highlights

  • Excellent development opportunity for commercial and residential uses.
  • Located in the heart of a well‑established commercial district in Monroe, Washington.
  • Direct access to the development off of US Highway 2.

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,213
Businesses Nearby

Demographics for 98272, WA

31,127
Population
10,313
Households
3
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
106.3 sq mi
ZIP Area
293
Density / Sq Mi
$115,894
Median Household Income
$51,879
Median Earnings
$1,902
Median Rent
$638,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Land in Snohomish County, WA

$204 Jul
$154 Aug
$255 Sep
$255 Oct

Properties on Market for Land in Snohomish County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - Commercial and residential development opportunity in Monroe, Washington.
Where is this land located?
The property is located at Tjerne Place Monroe, WA.
What are key features of this property?
This property features: Excellent development opportunity for commercial and residential uses.; Located in the heart of a well‑established commercial district in Monroe, Washington.; Direct access to the development off of US Highway 2.
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