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906 Yelm Ave E
Yelm, WA 98597
Nisqually Triangle Site | Grocery Anchored · Land For Sale · 2.36 AC

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Investment Highlights

  • Grocery Shadow Anchored
  • Development Ready
  • Affluent Demographics and Low Cost of Living | Strong Population Growth
  • Large 2.35 Arce Parcel | Flexible Zoning
  • Surrounded by National Retailers
  • Income Tax Free State

Executive Summary

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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.36 AC
Zoning C-1

1 Lot Available

Lot

Price $1,814,665 CAD
Price Per AC $770,558.54 CAD
Lot Size 2.36 AC

Property Taxes

Property Taxes

Parcel Number
22730110205
Land Assessment
$719,411 CAD
Improvements Assessment
$0 CAD
Total Assessment
$719,411 CAD
  • Listing ID: 39647207

  • Date on Market: 2026-03-03

  • Last Updated:

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

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