1301 Yelm Ave Yelm, WA 98597
This exceptional 4.74-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Yelm, Washington. Strategically located at 1301 E Yelm Ave (SR 510), this property boasts unparalleled visibility at the dominant intersection of Yelm Highway and Bald Hill Road, ensuring high traffic exposure for any commercial venture. The property is comprised of two lots: Lot 1, approximately 164,111 square feet, and Lot 2, approximately 42,375 square feet. Both lots are serviced by readily available water, utilities, and sewer connections, simplifying development and reducing upfront costs. The C1 commercial zoning allows for a wide variety of uses, providing flexibility for potential buyers. The property's APN numbers are 22730140300 and 22730140400. Situated in Thurston County, WA, with a 98597 zip code, this location offers easy access to major transportation routes and a growing community. This prime commercial land is priced at $4,500,000 and represents a significant opportunity for investors seeking high-visibility, well-serviced land in a rapidly developing area. Don't miss this chance to secure a prominent position in the heart of Yelm's commercial corridor.
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Spooner Berry Farms Food Processing Plant
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.