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Property profile & analytics
OFF-MARKET
Land

16930 Wa-507 Yelm, WA 98597

5.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.6-acre commercial parcel presents a rare opportunity in the thriving Yelm, Washington market. Zoned for retail development, this property boasts a highly desirable location directly adjacent to a Walmart Supercenter, ensuring high visibility and significant foot traffic. The land is ideally suited for build-to-suit (BTS) projects, offering flexibility for various commercial ventures. A key advantage is the readily accessible sewer system, simplifying development plans. Furthermore, the property sits at a main access point for the future Yelm 510 Bypass Highway, anticipating increased traffic flow and accessibility upon the projected completion of the Stage 2 road extension in 2026 (refer to the provided WSDOT link for further details). The site's configuration also allows for the incorporation of drive-thru facilities, a highly sought-after feature for many retail businesses. This presents a unique ground-lease or outright sale opportunity for investors and developers seeking a strategic location within a rapidly growing community. The property is located at 16930 WA-507, Yelm, WA 98597, in Thurston County. This prime location offers unparalleled potential for significant return on investment.

Property profile
Verified
Property type Land
Lot 5.6 ac (243,936 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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