19843 Old Highway 99 Rochester, WA 98579
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.