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    1301 E Yelm Ave Yelm, WA 98597

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    For Lease
    $4,500,000

    New retail development with ground lease and shop space.

    Property size:
    6,650 SF
    Lot size:
    4.74 Acres

    Property Features for 1301 E Yelm Ave

    General Information

    Size
    6,650 SF
    Lot size
    4.74 Acres

    Source: First Western Properties, Inc. Agent Brennan McClurg

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

    Overview

    Retail Development Opportunity in Yelm

    A new retail development is proposed at the main corner of Yelm, adjacent to Safeway. The property offers pads available for ground lease, or shop space.
    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.

    Similar Places Nearby

    Nisqually Plaza

    Location Insight

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

    Nearby Similar for Lease

    • $32 SF/Yr
      8,000 SF

      Yelm Retail Space: Nisqually Plaza

      Brand New Retail Space in Yelm, WA
      904 Yelm Ave, Yelm, WA 98597
      View Details
    • $24 SF/Yr
      900 SF

      Class A Office Space Yelm

      Class A office space with high visibility and natural light.
      907 Yelm Ave W, Yelm, WA 98597
      View Details
    • $27 SF/Yr
      3,562 SF

      Class A Medical Office Space

      Class A medical office space for lease in Yelm.
      201 Tahoma Blvd SE, Yelm, WA 98597
      View Details

    FAQs

    What type of property is this?
    Shopping center - New retail development with ground lease and shop space.
    Where is this shopping center located?
    The property is located at 1301 E Yelm Ave Yelm, WA.
    What are key features of this property?
    This property features: - Main corner location in Yelm; - Adjacent to Safeway; - New retail development
    (425) 250-3280
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    1301 E 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 E Yelm Ave Yelm, WA 98597
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