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Property profile

6320 197Th Ave Rochester, WA 98579

OFF-MARKET
Retail properties & Spaces
Property ID
US90-1264845
2.36 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 2.36-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving Rochester, WA market. Located at 6320 197th Ave SW, this single-tenancy site boasts excellent visibility and accessibility due to its strategic frontage on Sargent Rd & 196th Ave. The property is zoned for commercial use, specifically catering to quick-service restaurants (QSR) and drive-thru establishments, making it ideal for businesses seeking high-traffic locations. The expansive lot size offers ample space for building construction and ample parking, ensuring a convenient experience for customers. Situated in Thurston County, this property benefits from a strong local economy and a growing population, promising significant return on investment. This land is available for lease, ground lease, sale, or build-to-suit options, providing flexibility to accommodate various business needs and development plans. The property's location in Rochester, WA, offers easy access to major transportation routes, further enhancing its appeal to potential tenants and investors. This is a rare opportunity to secure a prime commercial property in a rapidly developing area. The zip code is 98579. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.36 ac (102,802 SF)
UPID US90-1264845

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6320 197Th Ave Rochester, WA 98579
Rochester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
2 recorded transactions
2022
$700,000
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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