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906 Yelm Ave E - Nisqually Triangle Site | Grocery Anchored 2.35 Acres of Commercial Land Offered at $1,490,000 in Yelm, WA 98597

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INVESTMENT HIGHLIGHTS

  • Grocery Shadow Anchored
  • Flexible Zoning | Development Ready
  • Surrounded by National Retailers
  • Large 2.35 Acre Parcel
  • Surrounded by National Retailers
  • Strong Population Growth

EXECUTIVE SUMMARY

Marcus & Millichap’s Brown Retail Group 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. 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.

PROPERTY FACTS

Price $1,490,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.35 AC
Zoning C-1

1 LOT AVAILABLE

Lot

Price $1,490,000
Price Per AC $634,042.55
Lot Size 2.35 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22730110205
Land Assessment
$591,500
Improvements Assessment
$0
Total Assessment
$591,500
  • Listing ID: 35138980

  • Date on Market: 3/14/2025

  • Last Updated:

  • Address: 906 Yelm Ave E, Yelm, WA 98597

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