1104 Yelm AveYelm, WA 98597

For Sale
$1,500,000

1.08-acre lot, Safeway-anchored

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.08-acre commercial lot in Yelm, WA, presents a unique investment opportunity. Shadow-anchored by a Safeway, this development-ready site boasts a prime location at the corner of Yelm Avenue and NE Plaza Drive, enjoying high visibility to over 18,000 vehicles daily. The property is zoned Commercial (C-1) and offers flexible usage potential. All off-site utilities and infrastructure are in place, expediting the development process. The site benefits from its proximity to numerous national retailers, including Rite Aid, Grocery Outlet, AutoZone, Dollar Tree, Taco Bell, Jack in the Box, Burger King, and Subway. This location offers ample parking and multiple access points. The surrounding area demonstrates strong demographics, with an average household income exceeding $100,000 annually within a 5-mile radius and a median home value under $400,000. This combination of high income and lower cost of living creates significant discretionary spending potential. The asking price is $1,500,000, translating to $32 per square foot. The property is offered as a fee simple ownership. This is an exceptional opportunity to capitalize on the growth of Yelm, WA, in a tax-free state.

Highlights

  • Safeway shadow-anchored pad site.
  • 1.08-acre commercial lot.
  • C-1 zoning allows for flexible use.
  • Development-ready site with all utilities in place.
  • High-visibility corner location on Yelm Ave & NE Plaza Drive, with over 18,000 vehicles daily.
  • Surrounded by national retailers.

Property Details for 1104 Yelm Ave

Property type
Other land, Land
Lot Size (sq. ft)
47,045 SF

Location Insight

City
Yelm
County
Thurston
State
Washington
Latitude
46.93469560894
Longitude
-122.5932465577
1104 Yelm Ave, Yelm, Washington

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1104 Yelm Ave
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