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Yelm Development Site Opportunity
For Sale
$2,200,000

10022 Grove Rd SE, Yelm, WA 98597

7-acre development site in Yelm, ready for higher-density residential.

Property SizeContact for details
Lot Size7.00 Acres
Days on Market151

Property Features for 10022 Grove Rd SE

General Information

Standard status Active
Lot size 7.00 Acres
Property subtype Vacant Land
Listing Agency: Windermere RE West Campus Inc
Listed By: Adrianne Jones
Source: Nfrrealty
Added: Apr 11 Changed: Sep 8 Last Checked: Sep 1 at 8:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere RE West Campus Inc

Investment Insights

Based on property information with market context.

This 7-acre development site is located in the rapidly growing market of Yelm. The property has been recently rezoned to R-16, positioning it for higher-density residential development. Utilities, including water and sewer, are readily available in the street, which reduces upfront infrastructure costs. Bordered by R-6 zoning, the project benefits from density balance. The flat, usable acreage is located on Yelm's east side. The location allows for efficient site planning. It is located minutes from Joint Base Lewis-McCord. Yelm is experiencing rapid population growth and housing demand outpacing supply, making this a prime opportunity for developers and investors.

Key Highlights

  • 7‑acre development site rezoned to R‑16 for higher‑density residential development
  • Utilities (water and sewer) readily available in the street
  • Located on Yelm's desirable east side with flat, usable acreage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Dental Office Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 98597, WA

27,233
Population
10,108
Households
2.7
Avg Household Size
35
Median Age
23%
College-Educated
91%
High-School Grad
111.0 sq mi
ZIP Area
245
Density / Sq Mi
$92,120
Median Household Income
$50,829
Median Earnings
$1,441
Median Rent
$423,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7-acre development site in Yelm, ready for higher-density residential.
Where is this residential land & home lot located?
The property is located at 10022 Grove Rd SE Yelm, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 7‑acre development site rezoned to R‑16 for higher‑density residential development; Utilities (water and sewer) readily available in the street; Located on Yelm's desirable east side with flat, usable acreage
More about this property
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