16930 Wa-507 Yelm, WA 98597
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.