BIG UPDATE! Now in line for 120 Townhome lots. Located in the center of Yelm’s growth corridor, this property is zoned R-16 and comes with an approved site plan for 192 apartment units or currently submitted for 120+ Townhomes, making it a true shovel-ready development opportunity for apartments or a few months approval for Townhomes. ALL STUDIES HAVE BEEN DONE. The site sits in a highly desirable location, surrounded by mixed-use commercial, storage units, and the region’s master planned community, placing future residents at the heart of convenience and long-term value. Flat cleared land with beautiful Mt Rainier views throughout. This property offers a rare chance to move quickly on a project in one of Yelm’s most strategic and sought-after areas.
Listing Provided Courtesy of Matthew Gerrish, Premier Real Estate Partners
General Information
NWM2425937
Commercial Industrial
194
DOM
14.72 acres
0
1938
Multi-F
Thurston
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Matthew Gerrish, Premier Real Estate Partners
Krishna Realty data last checked: Apr 05, 2026 12:35 | Listing last modified Mar 18, 2026 21:59,
Source:
BIG UPDATE! Now in line for 120 Townhome lots. Located in the center of Yelm’s growth corridor, this property is zoned R-16 and comes with an approved site plan for 192 apartment units or currently submitted for 120+ Townhomes, making it a true shovel-ready development opportunity for apartments or a few months approval for Townhomes. ALL STUDIES HAVE BEEN DONE. The site sits in a highly desirable location, surrounded by mixed-use commercial, storage units, and the region’s master planned community, placing future residents at the heart of convenience and long-term value. Flat cleared land with beautiful Mt Rainier views throughout. This property offers a rare chance to move quickly on a project in one of Yelm’s most strategic and sought-after areas.
