1104 Yelm E Ave Yelm, WA 98597-7683
Property summary
This exceptional 1.08-acre commercial lot in Yelm, WA, presents a unique investment opportunity. Shadow-anchored by a Safeway, this development-ready site boasts a prime location at the corner of Yelm Avenue and NE Plaza Drive, enjoying high visibility to over 18,000 vehicles daily. The property is zoned Commercial (C-1) and offers flexible usage potential. All off-site utilities and infrastructure are in place, expediting the development process. The site benefits from its proximity to numerous national retailers, including Rite Aid, Grocery Outlet, AutoZone, Dollar Tree, Taco Bell, Jack in the Box, Burger King, and Subway. This location offers ample parking and multiple access points. The surrounding area demonstrates strong demographics, with an average household income exceeding $100,000 annually within a 5-mile radius and a median home value under $400,000. This combination of high income and lower cost of living creates significant discretionary spending potential. The asking price is $1,500,000, translating to $32 per square foot. The property is offered as a fee simple ownership. This is an exceptional opportunity to capitalize on the growth of Yelm, WA, in a tax-free state.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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