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30047190

906 E Yelm Ave, Yelm, WA 98597 For Sale

CB
WA WA 123258, ID SP56979
Marcus & Millichap - Seattle
TL
WA 24007779
Marcus & Millichap - Seattle
Listed by Marcus & Millichap - Seattle
$1,330,000
138 days on market
Updated 41 days ago

Nisqually Triangle Site

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 2.350
Zoning Commercial | C-1

Land | 2.35 acres | Pre-Approved for Multifamily

Marketing description

Brown Retail Group of Marcus & Millichap has been exclusively selected to market for sale a prime 2.35-acre development parcel located in Yelm, WA. Situated near major national retailers—including Safeway, Grocery Outlet, Rite Aid, Tractor Supply, AutoZone, Starbucks, Taco Bell, Jack in the Box, Burger King, and many more—the site enjoys strong consumer traffic and sustained demand. The property offers flexible C-1 zoning, allowing for a diverse range of uses, including retail, mixed-use developments, education, public safety, and senior/assisted living. The C-1 zoning is intended to establish business centers that cater to the community’s demand for convenience goods and essential services. The City of Yelm also indicated multi-family use would be approved in this location. Additionally, all off-site utilities and infrastructure are already in place, making the property development ready and allowing for an expedited project timeline. The area boasts strong demographics, with an average household income exceeding $100,000 within a 5-mile radius while maintaining a median home value below $400,000. This combination of high purchasing power and a relatively low cost of living fosters a strong and stable consumer base. The local population has also grown by 74% since 2000, illustrating the continued demand for housing, retail, and essential services. Adding to its investment attractiveness, Washington State has no income tax, making this an excellent opportunity for investors and developers seeking to establish a presence in a high-growth market.

Listing Contacts

CB
WA WA 123258, ID SP56979
Marcus & Millichap - Seattle
TL
WA 24007779
Marcus & Millichap - Seattle
Listed by Marcus & Millichap - Seattle

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Additional Information

Name
Clayton J. Brown
License
WA 123258
Brokerage Phone
(206) 826-5787
Name
Trevor Lane
License
24007779
Brokerage
Marcus & Millichap
Title
Brokerage Coordinator
Brokerage Address
401 Union Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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