19191 Kelsey St Monroe, WA 98272-1459
This exceptional 5.74-acre retail property, located at 19191 N Kelsey St in Monroe, Washington (zip code 98272), presents a unique investment opportunity. Situated in Snohomish County, this grocery store pad benefits from the significant traffic generated by its Walmart anchor tenant. The property's ideal location offers excellent visibility and accessibility, making it an attractive proposition for a variety of grocery-related businesses. The substantial lot size provides ample space for development and expansion, catering to the needs of a growing community. This prime retail space is strategically positioned to capitalize on the high consumer traffic and strong demographics of the area. The property's address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. This is a rare opportunity to acquire a well-located, established retail pad in a thriving market. The property's existing infrastructure and convenient location make it an ideal site for a new grocery store or related retail establishment. The significant lot size allows for flexibility in design and development, accommodating a range of potential uses. This presents a compelling investment opportunity for those seeking a high-traffic, well-positioned retail property in a rapidly growing area of Washington State. The property's location within a successful retail center ensures a strong customer base and high visibility. This is a turnkey opportunity to establish a successful grocery store business in a prime location.
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Subway Take-out & Catering
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Walmart Garden Center Garden Center
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Electrify America Charging Station Electric Vehicle Charging Station
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ecoATM Mobile Phone Store Electronics & Wireless Store
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MoneyGram Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.