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Property profile & analytics
OFF-MARKET Estimated value $1,230,000
Office buildings

907 Yelm W Ave Yelm, WA 98597

6,053 SF 0.59 ac lot Built 2015
Individually Owned 12-yr Hold Free & Clear
Property ID
US90-1780652
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2015
Construction WOOD FRAME
Total area 6,053 SF
Lot 0.59 ac (25,700 SF)
APN 4517-00-00300
UPID US90-1780652
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
  • Olympia Federal Savings – Yelm Bank Loan Service
  • Nisqually Valley Voices Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.23M
Owner & transaction history
Fedl S Olympia · 12 yrs held
Fedl S Olympia
since 2014
2 recorded transactions
2014
$668,697
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.5M +16.7%
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