Attention Builders & Developers! Take advantage of this outstanding development opportunity in one of the fastest-growing communities in South Puget Sound. This nearly 1-acre, level parcel has recently been rezoned R-16, offering excellent potential for higher-density residential development. Ideally located directly behind Safeway and surrounded by established retail, restaurants, and everyday conveniences, this site is positioned in an area where future residents will enjoy a highly walkable lifestyle. Its proximity to JBLM, local employers, schools, and major commuter routes makes it an attractive location for new housing. With strong population growth, increasing housing demand, and a prime in-town location, this is a rare opportunity to secure a development site with significant upside in the City of Yelm. Buyers are encouraged to complete their own due diligence regarding permitted uses, density, utility availability, and development requirements.
27 days
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160
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Zillow last checked:
Listing updated:
Listed by:
Cynthia Schmier,
RE/MAX Country,
Adam Schmier,
RE/MAX Country
Source: NWMLS as distributed by MLS GRID,MLS#: 2549778
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Mountain(s), Territorial
Lot
Size: 0.79 Acres
Features: Paved, Sidewalk, Dune Grasses
Topography: Level
Details
Parcel number: 22730110402
Zoning: R-16
Zoning description: Multi-Family,Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: On Property
Gas: On Property
Sewer: Available, On Property, Septic Design Installed
Water: Available, On Property
Utilities for property: Electricity Connected, Natural Gas Available, Septic Design Installed
Community & HOA
Community
Subdivision: Yelm
Location
Region: Yelm
Financial & listing details
Tax assessed value: $354,800
Annual tax amount: $2,656
Date on market: 7/14/2026
Cumulative days on market: 28 days
Electric utility on property: Yes
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,176/mo
Price history
Date
Event
Price
7/14/2026
Listed for sale
$450,000
Source: NWMLS as distributed by MLS GRID #2549778Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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