907 Yelm Ave W Yelm, WA 98597
Property Lookup
Property profile & analytics
907 Yelm Ave W Yelm, WA 98597
- Office buildings
- 6,053 SF
- 0.59 lot acres
Property ID
US90-1780652
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Olympia Federal Savings – Yelm / Bank / Loan Service
- Nisqually Valley Voices / Corporate Office
Property Details for 907 Yelm Ave W
- Year built
- 2015
- Construction
- WOOD FRAME
- Lot size
- 0.59 lot acres
- Property size
- 6,053 SF
- Property type
- Office buildings
- APN
- 4517-00-00300
- APU
- 45170000300
Description
This exceptional 6,053 square foot creative office building, situated at 907 W Yelm Ave in Yelm, WA 98597, presents a compelling investment opportunity. Built in 2015, the single-story Class B property boasts a prime location in Thurston County, conveniently situated near Tahoma Boulevard SE. The building currently features three suites, with 900 square feet of immediately available space, offering a minimum divisible unit size of 900 square feet. The property sits on a 0.59-acre lot (25,700 square feet) and is zoned C-1, providing flexibility for a variety of uses. The building's open floor plan is ideal for modern office configurations, and its location within the CBA Yelm/Roy submarket offers excellent access to local amenities and a strong workforce. The property's features include a total of 6,053 square feet of space, currently at 85.13% occupancy. The property's APN is 45170000300. While the building lacks sprinklers, its modern design and convenient location make it an attractive option for businesses seeking a functional and accessible workspace. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving community. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,400,000
- 6.5%
- $1,295,000
- 7%
- $1,200,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,222,000
Market price range: $403k - $1.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,295,000 Current use
- COMMERCIAL (GENERAL)
- $1,510,000 Change: +17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Yelm
- County
- Thurston
- State
- Washington
- Longitude
- -122.618
- Latitude
- 46.9479
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,706
$252,200
$2,944,000
$3,196,200
-
$252,200
$2,944,000
$3,196,200
