Skip to main content

Commercial

Old Mill Towne

35026 90th Ave S, McKenna, WA 98580

Listing Price: $2,389,770

Lot Size
4.99 acres
Price/Acre
$478,836
Land Type
Land

Investment Overview

The Old Mill Towne Development Site consists of two tax parcels totaling approximately 217,399 SF of vacant land. While the property is currently zoned Rural 10 (R10), Pierce County approved a Planned Development District (PDD) and Special Use Permit (SUP) for the site along with six neighboring parcels in 1995. The PDD and SUP are still active and would allow for development akin to Rural Activity Center (RAC) zoning. Currently both lots are vacant. The parcels are situated just to the east of the intersection of Highway 507 and Highway 702 in the unincorporated community of McKenna, Washington. Highway 507 boasts a daily vehicle count of approximately 19,000 while Highway 702 has a count of approximately 8,500. The neighboring six parcels from the PDD have since been developed into an auto dealership, post office, auto repair, childcare center, and pizzeria. Other nearby parcels include a restaurant, storage facility, McKenna Elementary, and a gas station. The opportunity for an investor is to develop the property into commercial structures that conform to RAC zoning and the PDD such as commercial/industrial businesses that provide goods, services, employment, group homes, and senior housing which meet the needs of the local rural community. Pierce County does not recognize any environmentally critical areas within property. This is an excellent opportunity for a developer to capitalize on a large and well located site at the in one of Washington’s fastest growing counties.

Investment Highlights

  • Rural Activity Center Zoning
  • Large Vacant Parcels
  • Traffic Counts of 19,00 and 8,500 on Highways Adjacent to the Property

Exclusively Listed By

Commercial

Old Mill Towne

Listing Price: $2,389,770

Lot Size
4.99 acres
Price/Acre
$478,836
Land Type
Land

Investment Highlights

  • Rural Activity Center Zoning
  • Large Vacant Parcels
  • Traffic Counts of 19,00 and 8,500 on Highways Adjacent to the Property

Investment Overview

The Old Mill Towne Development Site consists of two tax parcels totaling approximately 217,399 SF of vacant land. While the property is currently zoned Rural 10 (R10), Pierce County approved a Planned Development District (PDD) and Special Use Permit (SUP) for the site along with six neighboring parcels in 1995. The PDD and SUP are still active and would allow for development akin to Rural Activity Center (RAC) zoning. Currently both lots are vacant. The parcels are situated just to the east of the intersection of Highway 507 and Highway 702 in the unincorporated community of McKenna, Washington. Highway 507 boasts a daily vehicle count of approximately 19,000 while Highway 702 has a count of approximately 8,500. The neighboring six parcels from the PDD have since been developed into an auto dealership, post office, auto repair, childcare center, and pizzeria. Other nearby parcels include a restaurant, storage facility, McKenna Elementary, and a gas station. The opportunity for an investor is to develop the property into commercial structures that conform to RAC zoning and the PDD such as commercial/industrial businesses that provide goods, services, employment, group homes, and senior housing which meet the needs of the local rural community. Pierce County does not recognize any environmentally critical areas within property. This is an excellent opportunity for a developer to capitalize on a large and well located site at the in one of Washington’s fastest growing counties.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower