2602 172nd St - Commercial LAND FOR SALE


Marysville, WA 98271- Lakewood424,710 SF
$8,500,000 USD
206-850-3826
2602 172nd St, Marysville, WA for Sale
$8,500,000 USD
Commercial LAND - FOR SALE
1/23
424,710 SF

2602 172nd St
Marysville, WA 98271
Lakewood


HIGHLIGHTS

  • 9.75-acre commercial development site positioned within the Lakewood Master Planned District.
  • Permits a broad range of uses including retail, hospitality, and medical.
  • Adjacent to major retail totaling over 813,000 SF with a 100% retail pad occupancy rate and 99.5% non-pad occupancy rate creating a powerful regional
  • Exceptional access to Interstate 5 and over 50,000 daily traffic counts nearby.
  • Located near high-profile regional destinations such as Tulalip Casino, Quil Ceda Village, and Seattle Premium Outlets.
  • Strong population growth with thousands of new residences planned in the immediate area.

OVERVIEW

This offering presents a rare opportunity to acquire a 9.75-acre institutional quality commercial development site within the Lakewood Master Planned District of Marysville, WA. Priced at $8,500,000, this property supports a wide range of commercial uses including retail, medical, and hospitality. Situated just west of the Interstate 5 interchange on 172nd Street NE ( SR 531) , the site benefits from exceptional accessibility and strong vehicular traffic counts exceeding 50,000 VPD. The location provides a remarkable synergy with nearby economic drivers including Quil Ceda Village, Tulalip Resort Casino, and Seattle Premium Outlets, drawing millions of visitors annually to the region. This location is backed by a dominant retail presence featuring over 813,000 SF of adjacent retail space including national anchors such as Costco and Target, positioning the property within a well-established commercial hub. The Lakewood District is one of Washington State’s fastest-growing submarkets, with close to 2,000 new homes adding over 5,000 residents within walking distance. Extensive pre-development feasibility work has been completed, expediting site readiness substantially reducing project planning timelines. As the last large development parcel in the booming Lakewood market, this property offers high barriers to entry and substantial long-term value. Unmatched regional visibility, significant pent-up retail demand, and proximity to I-5 establish this address as a premier development opportunity for investors, commercial business owners and users, and retail and hospitality developers.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$871,795/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Hospitality, Health Care, Hospital, Hotel

LAND ACRES

9.75 AC

LAND SF

424,710 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

GC

APN/PARCEL ID

310529-002-002-00,310529-002-003-00,310529-002-020-00,310529-002-021-00

ASK ABOUT THIS PROPERTY

Mark AndersonColliersMore Info
206-850-3826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mark AndersonColliersMore Info
206-850-3826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.