2602 172nd St Lot • Terrain commercial • 9,75 Acres • 12 089 210 $ CAD • Marysville, WA 98271

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.