5101 Ruston Way Ruston, WA 98407
Exceptional investment opportunity awaits with three premium commercial land parcels totaling 3.67 acres in the thriving Point Ruston community of Ruston, Washington. These sites, located at 5101 Ruston Way and Yacht Club Rd (zip codes 98407 and 98402), are zoned MPD-PR and offer unmatched development potential. Situated directly across from the Shops at Point Ruston, a premier shopping destination boasting over 30 diverse retailers, a luxury cinema, fine dining establishments, and bars, these properties benefit from high foot traffic and exceptional visibility. The vibrant community offers a walkable environment with easy access to walking trails, outdoor activities, farmers markets, and live music, ensuring consistent visitor engagement throughout the year. The location provides convenient access to Downtown Tacoma (12 minutes away) and proximity to major Puget Sound employers. These parcels, identified by APN numbers 022123-1096, 022123-1097, and 0221231109, can be purchased individually or as a portfolio, presenting a unique chance to capitalize on the area's strong demographics and flourishing waterfront lifestyle. The stunning views of Puget Sound further enhance the desirability and potential of these exceptional development sites. This is a rare opportunity to acquire land in a highly sought-after location with significant upside potential.
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.