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Property profile & analytics
FOR LEASE
Commercial real estate

1301 Yelm Ave Yelm, WA 98597

4.74 ac lot
Individually Owned 4-yr Hold
Property ID
US90-0343233
No photos on file
For Lease
Contact for pricing 6,650 SF available
1301 Yelm Ave, Yelm, WA 98597
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 4.74 ac (206,474 SF)
APN 22730140300, 22730140400
UPID US90-0343233
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
  • Spooner Berry Farms Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
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by Request
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by Request
Owner & transaction history
Daniel T Durr · 4 yrs held
Daniel T Durr
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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