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Residential Development Land with Existing Home
For Sale
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16418 Middle Rd SE, Yelm, WA 98597

4.3-acre development site includes a preliminary 23-lot plat, engineering completed, and utilities in the street.

Property SizeContact for details
Lot Size189,652.00 Acres
Days on Market70

Property Features for 16418 Middle Rd SE

General Information

Standard status Active
Lot size 189,652.00 Acres
Property subtype LAND

Additional Details

Utilities to Site Yes
Multifamily Units 23
Listing Agency: John L. Scott Real Estate
Listed By: Rick Seddon · License #24442
Source: Moodyscre
Added: Jun 1 Changed: Aug 8 Last Checked: Jun 4 at 7:30PM

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 John L. Scott Real Estate

Investment Insights

Based on property information with market context.

This residential development land offering spans 4.3 acres and comes with a 23-lot preliminary plat plus engineering already completed. Utilities are located in the street, which can help streamline early site work and reduce upfront infrastructure hurdles. The property also includes an existing home, providing flexibility while approvals and final development steps are pursued.

Two parcels are included in the sale, and the location is described as being in the heart of Yelm with access to schools, shopping, and major commuter routes.

With much of the pre-development planning already in place, this property is positioned for a faster path toward buildout once final approvals are secured.

Key Highlights

  • 4.3‑acre development site in Yelm, Washington
  • Preliminary plat prepared for 23 lots
  • Engineering completed for the proposed subdivision

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Garden Center 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.

Lease Details

23
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

257
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4.3-acre development site includes a preliminary 23-lot plat, engineering completed, and utilities in the street.
Where is this residential land & home lot located?
The property is located at 16418 Middle Rd SE Yelm, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4.3‑acre development site in Yelm, Washington; Preliminary plat prepared for 23 lots; Engineering completed for the proposed subdivision
(253) 279-1986 Call to check price and availability
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