Listing Agency: MVP REALTY GROUP

Listed By: MARTI BAKER

Source: Corcoran

Added: May 31, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This vacant lot, zoned C-1, presents a development opportunity in the growing city of Yelm. The zoning allows for a minimum of 20% commercial use and up to 80% residential use. The property is located just off Yelm Ave and features paved access. It is suitable for a mixed-use project, offering both visibility and convenience. Potential uses include retail with apartments or live-work spaces. This lot offers flexibility in a high-traffic location within Thurston County, making it suitable for investors, developers, or business owners. Interested parties should confirm their development plans with the City of Yelm.

Key Highlights

• Prime location in rapidly growing Yelm, Thurston County.
• C‑1 zoning allows for flexible mixed‑use development (20% commercial, up to 80% residential).
• High‑traffic area ideal for businesses seeking visibility.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center Furniture & Home Goods Big Box & Wholesale Store Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

477

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - C-1 zoned vacant lot with mixed-use potential in Yelm.

Where is this commercial land located?

The property is located at 111 Killion Road #1 Yelm, WA.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Prime location in rapidly growing Yelm, Thurston County.; C‑1 zoning allows for flexible mixed‑use development (20% commercial, up to 80% residential).; High‑traffic area ideal for businesses seeking visibility.