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Property profile & analytics
OFF-MARKET
Land

1406-1620 Reynolds Ave Centralia, WA 98531

49.69 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 49.69 ac (2,164,496 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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