For Sale124d on market
309 Binghampton Street SE
Rainier, WA, 98576 • 98576 • Thurston County
$849,000
-$25,000 since Apr 3, 2026
5.1 acLot
Property DNA
Territorial Views
Territorial
Comm/Industrial Style
Comm/Industrial architecture
Rainier
98576
Market activity
Demand and pricing signals for this listing
81 views
People checking out this listing
124 days on market
Established listing
About this home
Lot
Prime 5+ acre property offering an exceptional opportunity for a variety of commercial ventures, ideally positioned with approximately 562 feet of highway frontage along SR 507. Zoned Highway Commercial (HC) per Rainier Zoning Code 18.42.030, this site supports a wide range of permitted business uses. With an impressive Annual Average Daily Traffic Count of 8,300 in 2023, the property provides outstanding visibility for any operation. Customers and clients will appreciate convenient access from both SR 507 and Myers Street. City of Rainier water service is on site, power is onsite, and the septic design is approved. 1,008 sq ft 2 bay shop onsite as well. This property is a must see!
Estimated monthly payment
Based on current rates
$5,284/month
Principal & Interest$4,152
Property Tax$849
Insurance$283
Down payment20% ($169,800)
3%50%
Est. 6.18% rate · 30yr fixed · $679,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleComm/Industrial
Systems
Water / SewerOn Property, Jurisdiction: City of Rainier / Not Available, Septic: 20 employee plant nursery, Septic Design Applied
Parking & Outdoor
Lot5.12 Acres
Location & Tax
Neighborhood98576
ZoningC3
Annual tax$5,466
Parcel21609130504
Features & details
4 categories of property features
Exterior Features
Lot Features
Open Lot
Paved
Views
Territorial
Utilities
Electricity Connected
Septic Design Applied
Gas
Not Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market124
Tax rate0.81%
On marketDec 3, 2025
PostedDec 3, 2025
Last sold$800,000
MLS statusActive
MLS updatedApr 2, 2026
Tour days6
Views81
How are the schools in Rainier?
3 schools rated nearby
Location
Rainier, WA, 98576
Price history
4 events
DateEventPrice$/sqftSource
Apr 3, 2026Price Change$849,000—eXp Realty
Mar 9, 2026Price Change$874,000—eXp Realty
Dec 16, 2025Listed For Sale$879,000—eXp Realty
Aug 15, 2024Sold$800,000—NWMLS as distributed by MLS GRID
Price Change$849,000
Apr 3, 2026•eXp Realty
Price Change$874,000
Mar 9, 2026•eXp Realty
Listed For Sale$879,000
Dec 16, 2025•eXp Realty
Sold$800,000
Aug 15, 2024•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Rainier, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
9857698597
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 04:03:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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