This retail property in Yelm, Washington consists of two condominium units forming the entire ground floor, totaling 6,306 square feet. The space is configured as five separate tenant suites, with each suite separately metered for utilities. HVAC upgrades were completed in 2024, and the property has no deferred maintenance as represented in its upkeep history. The property is classified as Class A. Ownership traces back to the original developer.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$3k

Tax billed · 2023

Assessed value · 2022$317k

Assessed land$79k

Assessed improvement$238k

Effective rate0.93%

Value estimate

· Oct 2026

$255k

$230k – $281k

AI approach$255k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$214/SF

County average, outlier-cleaned · 146 recorded sales of this use type

Observed band · Q1–Q3$143 – $316

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTHURSTON

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm10.1

Furniture Store9.2

Garden Center9.2

514 Yelm W Ave Yelm, WA 98597-7679

County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

1411 Yelm W, Yelm, WA 98597-8633 $350,000 Dec 2023 1,296 SF

313 Yelm W, Yelm, WA 98597-8036 $415,000 Jun 2022 1,428 SF

9144 Burnett SE, Yelm, WA 98597-8488 $1,550,000 Sep 2021 3,636 SF

202 Railroad NW, Yelm, WA 98597-7615 $165,000 Jan 2021 1,152 SF

512 Yelm W, Yelm, WA 98597-8773 $315,000 Dec 2019 2,108 SF

503 1st S, Yelm, WA 98597-7634 $1,180,000 May 2019 8,513 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$265,000

1,806 SF

502 Yelm W Ave

PROFESSIONAL BUILDING

502 Yelm W Ave, Yelm, WA 98597-7679

View Details
Value Estimation
$335,000

1,892 SF

106 Plz Dr See

PROFESSIONAL BUILDING

106 Plz Dr See, Yelm, WA 98597-8841

View Details
Value Estimation
$365,000

1,428 SF

313 Yelm W Ave

PROFESSIONAL BUILDING

313 Yelm W Ave, Yelm, WA 98597-8036

View Details
Value Estimation
$345,000

2,024 SF

607 Yelm W Ave

PROFESSIONAL BUILDING

607 Yelm W Ave, Yelm, WA 98597

View Details
Value Estimation
$315,000

2,108 SF

512 Yelm W Ave

PROFESSIONAL BUILDING

512 Yelm W Ave, Yelm, WA 98597-8773

View Details
Value Estimation
$355,000

1,296 SF

1411 Yelm W Ave

PROFESSIONAL BUILDING

1411 Yelm W Ave, Yelm, WA 98597-8633

View Details

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514 Yelm W Ave Yelm, WA 98597

Property summary