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    1301 Yelm Ave Yelm, WA 98597

    For Sale
    $4,500,000

    Corner lot offers visible development opportunity on Yelm Ave.

    Property size:
    206,474 SF

    Property Features for 1301 Yelm Ave

    General Information

    Size
    206,474 SF

    Source: FIRST WESTERN PROPERTIES - TACOMA, INC. Agent JEREMIAH DURR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land for Development

    This land parcel, identified by tax IDs 22730140300 and 22730140400, presents a significant opportunity for development due to its convenient and highly visible location at the corner of Yelm Avenue and Bald Hills Road. The property encompasses a total area of 206474 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spooner Berry Farms Farm

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yelm
    County
    Thurston
    State
    Washington
    Longitude
    -122.5917517
    Latitude
    46.9334317

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    FAQs

    What type of property is this?
    Land - Corner lot offers visible development opportunity on Yelm Ave.
    Where is this land located?
    The property is located at 1301 Yelm Ave Yelm, WA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Tremendous opportunity for development; - Corner lot; - Visible location
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    1301 Yelm Ave Yelm, WA 98597
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    Yelm, WA 98597
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1301 Yelm Ave Yelm, WA 98597
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