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Yelm Shovel-Ready Development Opportunity
For Sale
$2,899,950

14747 Berry Valley Road SE, Yelm, WA 98597

R-16 zoned land with approved site plan for 192 units.

Property SizeContact for details
Lot Size14.72 Acres
Days on Market339

Property Features for 14747 Berry Valley Road SE

General Information

Standard status Active
Lot size 14.72 Acres
Property subtype Commercial

Building Details

Year Built 1938
Listing Agency: PREMIER REAL ESTATE PARTNERS
Listed By: MATTHEW GERRISH
Source: Corcoran
Added: Sep 5, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:23AM

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 PREMIER REAL ESTATE PARTNERS

Investment Insights

Based on property information with market context.

This property, situated in the center of Yelm's growth corridor, is zoned R-16 and features an approved site plan for the development of 192 apartment units, presenting a shovel-ready opportunity. The location is highly desirable, surrounded by mixed-use commercial properties, storage units, and a master-planned community. The flat, cleared land offers views of Mt. Rainier. This property is located in one of Yelm's strategic and sought-after areas.

Key Highlights

  • Approved site plan for 192 apartment units.
  • Zoned R‑16 for high‑density residential development.
  • Shovel‑ready development opportunity.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Storage Facility Plumbing Service Bakery

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

124
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 - R-16 zoned land with approved site plan for 192 units.
Where is this residential land & home lot located?
The property is located at 14747 Berry Valley Road SE Yelm, WA.
What is the asking price?
The asking price for this property is $2,899,950.
What are key features of this property?
This property features: Approved site plan for **192 apartment units.**; Zoned R‑16 for high‑density residential development.; Shovel‑ready development opportunity.**
More about this property
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