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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1104 Yelm E Ave, Yelm, WA 98597-7683

    1.08 ac lot
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US90-0114909
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.08 ac (47,045 SF)
    APN 2273-01-10208
    UPID US90-0114909
    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
    • Taco and Burrito Bus (El Taco Amigo) Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Harbor Freight Tools USA INC · 4 yrs held
    Harbor Freight Tools USA INC
    since 2021
    4 recorded transactions
    2021
    2005
    $11.2M
    2001
    1999
    $9.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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