1406-1620 Reynolds Ave Centralia, WA 98531
This exceptional 49.69-acre commercial land parcel presents a unique build-to-suit opportunity in Centralia, Washington. Ideally situated off I-5, Exit 82, this site boasts unparalleled visibility and convenient access to major transportation arteries. The property is primed for the development of a Class A industrial project, with a potential build-out of up to 600,000 square feet. Its strategic location offers a midpoint advantage between Seattle and Portland, providing seamless connectivity to a vast regional market. The site benefits from immediate proximity to rail lines and readily available utilities, simplifying the construction process. Detailed site analysis confirms the presence of all necessary infrastructure for large-scale development. Centralia's business-friendly environment further enhances the appeal of this exceptional opportunity. The property is located at 1406-1620 West Reynolds Avenue, Centralia, WA 98531. Driving distances to major cities include: Seattle (90 miles), Tacoma (58 miles), Olympia (28 miles), and Portland (92 miles). This is a rare chance to secure a substantial land holding in a thriving industrial corridor, poised for significant growth and development. Projected delivery for a build-to-suit project is targeted for the second quarter of 2023.
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
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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.