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Peterson Road - Watershed Business Park - Project #1 2.52 - 5.06 Acre Industrial Land Lots in Burlington, WA 98233
Investment Highlights
- 40.4 acres contiguous
- Easy access to Interstate-5
- Development Ready Light Industrial Lots
Executive Summary
Construction will begin May 2026 to create 8 pad ready lots, which will provide 30.32 acres of developable land in total. 10.10 acres of the 30.32 acres will be contiguous from Lots 1, 2, 3, and 20.22 acres of the 30.32 acres will be contiguous with Lots 4, 5, 6, 7, 8.
Each lot will include fiber lines, cable lines, phone lines, 8-inch sewer line, 12-inch water line, 2-inch natural gas line, and junction vaults housing 120/240 and 208/480 electrical conduits. The developer/owner of each lot will be required to place their own electrical transformer(s) on the property once it is sized appropriately for load via confirmation with Puget Sound Energy.
All lots will be leveled and graded, two stormwater retention ponds will be installed on the property in Tract A which will allow for 90% impervious coverage of each lot, interior roads will be constructed in Tract C, and a right pocket turn lane on Peterson Road will be installed creating ease of access from the primary arterial, lastly, a trail system will be completed in the 100ft setback, in Tract B, along the eastern lot line of the development.
Pricing will range per lot and will be reflective of the site being delivered with all utilities, stormwater detention, trails, landscaping, street and BSP in hand. All site due diligence has been completed.
Port is open to negotiate price and find creative options for sale of property if buyer does not want the Port to pursue improvements. Sale or lease will require Port Commission approval.
Additional +/- 82.6 acres of greenfield light industrial land available to the west for sale or lease.
Property Facts
10 Lots Available
Lot 1
| Lot Size | 5.06 AC |
| Lot Size | 5.06 AC |
Lot 1 is available for sale or lease and offers 5.06 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 2
| Lot Size | 2.52 AC |
| Lot Size | 2.52 AC |
Lot 2 is available for sale or lease and offers 2.52 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 3
| Lot Size | 2.52 AC |
| Lot Size | 2.52 AC |
Lot 3 is available for sale or lease and offers 2.52 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 4
| Lot Size | 2.95 AC |
| Lot Size | 2.95 AC |
Lot 4 is available for sale or lease and offers 2.95 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 5
| Lot Size | 4.69 AC |
| Lot Size | 4.69 AC |
Lot 1 is available for sale or lease and offers 4.69 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 6
| Lot Size | 4.56 AC |
| Lot Size | 4.56 AC |
Lot 6 is available for sale or lease and offers 4.56 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 7
| Lot Size | 4.49 AC |
| Lot Size | 4.49 AC |
Lot 7 is available for sale or lease and offers 4.49 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot 8
| Lot Size | 3.55 AC |
| Lot Size | 3.55 AC |
Lot 8 is available for sale or lease and offers 3.55 acres of greenfield development ready property. Port is in process of installing roads, utilities at curb, mitigating wetlands, grading lots, constructing stormwater ponds and trails.
Lot A
| Lot Size | 5.01 AC |
| Lot Size | 5.01 AC |
Two stormwater detention ponds to be installed and will capture stormwater runoff from all lots. Ponds will allow for 90% impervious surface coverage for lots. Ponds will also create a 170ft buffer from the adjacent residents and country club.
Lot B
| Lot Size | 2.94 AC |
| Lot Size | 2.94 AC |
Trail systems to be installed by Port of Skagit and will create a 100ft buffer from the adjacent residents. This area will also see new fencing/screening to support additional buffer.
Description
The Watershed Business Park Project 1 is a greenfield light industrial site owned by the Port of Skagit. Project 1 is approx. 40.4 acres total, however, the site has undergone a binding site plan, which is pending approval, and construction is scheduled to begin May 2026 to provide approx. 30.32 acres of developable land split over eight (8) pad ready lots ranging from 2.5 - 5 acres in size. Project 1 is located along Peterson Road, in Burlington Washington, and is centered Skagit County, and the Northwest Puget Sound region. The property is located approx. 90 minutes from Seattle, 5 minutes from Highway 20 and Interstate-5, and provides almost immediate access to the Skagit Regional Airport for cargo and general aviation use. Site is: Greenfield Zoned Bayview Ridge Light Industrial All environmental permitting for wetland fill submitted Site fill and grade permit submitted Binding Site Plan submitted to divide site into 8 lots ranging between 2.5 to 5 acres in size Sewer installation complete To be fully delivered Winter 2026: Wetland mitigation completed All utilities, streets, and stormwater detention facilities installed Completed installation of trails and landscaping tract areas
Presented by
Port of Skagit County
Peterson Road - Watershed Business Park - Project #1
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