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Property profile & analytics
OFF-MARKET
Land

19843 Old Highway 99 Rochester, WA 98579

12.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.83-acre commercial land parcel in Rochester, WA, presents a unique investment opportunity. Located at 19843 Old Hwy 99 SW, 98579, this property boasts a highly desirable location along the I-5 corridor between Portland and Seattle, experiencing rapid growth. The site is zoned AC - Arterial Commercial, offering flexibility for a wide range of commercial developments. The property's Assessed Parcel Numbers (APN) are 55702900000, 55702800100, and 55702800000, within Thurston County. This is a single-tenant property, currently available for ground lease. The landowner is open to leasing portions of the land, ranging from 0.5 acres to the full 12.83 acres, providing scalability for various project sizes. This represents a rare chance to establish a presence in a thriving retail area. The property's strategic location and flexible zoning make it an ideal site for businesses seeking high visibility and accessibility. This is a long-term ground lease opportunity, perfect for developers looking to bring much-needed commercial space to this rapidly expanding market. The property's latitude and longitude coordinates are 46.7998211 and -123.0123463 respectively. This is a first-time offering in many years, presenting a compelling investment prospect.

Property profile
Verified
Property type Land
Lot 12.83 ac (558,875 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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