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← Back to search results/Yelm, WA/402 Yelm Avenue E
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Listed by Glen Schofield • Keller Williams Realty.
FOR SALE

$975,000

Est. $5,284/mo

402 Yelm Avenue E, Yelm, WA 98597

• Listed Nov 6, 2026•3 days active · 3 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Keller Williams Realty; Glen Schofield; 253-208-5449; Glen@GlenSellsHouses.com

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Listing Broker: Keller Williams Realty; Glen Schofield; 253-208-5449; Glen@GlenSellsHouses.com

About this home

Commercial development opportunity in the heart of Yelm. Approximately 2.63 acres (114,562 square feet) at the northeast corner of Yelm Avenue E and NE 4th Street, offering frontage along both streets and exposure along the SR 507 corridor. Zoned C-1 Commercial, this vacant parcel presents an opportunity to explore a range of commercial uses in an established area near shopping, dining, and services. Bring your vision for this centrally located corner site. Buyer to verify permitted uses, utility availability, access, and development requirements with the City of Yelm.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
2.63 acres
Parking
None
Price / sq ft
Not listed
Property taxes$12,013.6/yr (est.)
School districtYelm

Listed by Glen Schofield • Keller Williams Realty

Listing updated: November 6, 2026 at 04:00pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2601591

Around this home

RexMont OfferEdge™

How much should you offer?

402 Yelm Avenue E, Yelm, WA 98597

List price
$975,000
Down payment
$195,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Layout

  • Comm/Industrial

Schools

Ratings via SchoolDigger

Yelm School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
2.63 acres
Lot square feet
114,562 sq ft
Topography
Level
Lot details
Corner Lot, Paved

Zoning & use

Zoning code
C-1
Zoning description
Commercial
Zoning jurisdiction
City
Possible use
Commercial
Restrictions
Unknown
Easements
City of Yelm Sewer #: 9303160370

Utilities

Utilities
Electricity Available, Natural Gas Available
Electricity
Available
Gas
Available
Water
Available
Water jurisdiction
City of Yelm
Sewer
Available

Road & access

Road surface
Paved
Road information
Paved

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Annual taxes
$12,014
Tax year
2026
Senior exemption
No
Financing
Cash, Conventional, See Remarks
Seller disclosure
Provided
Preliminary title ordered
Yes

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 402 Yelm Avenue E

NWMLS via MLS Grid · Thurston County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Nov 6, 2026
    Back on market
    NWMLS via MLS Grid · #2601591
    $975,000
  2. Nov 6, 2026
    Listed
    NWMLS via MLS Grid · #2601591
    $975,000
  3. Nov 6, 2026
    Listed
    NWMLS via MLS Grid · #2602022
    $975,000
  4. Apr 6, 2007
    Sold
    NWMLS via MLS Grid · #26177448
    $1,100,000
  5. Feb 21, 2007
    Pending
    NWMLS via MLS Grid · #26177448
    $1,195,000
  6. Oct 23, 2006
    Listed
    NWMLS via MLS Grid · #26177448
    $1,195,000

Down payment assistance

6 programs may be available to provide you with up to $48,750 in down payment assistance, depending on your specific information.

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$6,529 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Keller Williams Realty; Glen Schofield; 253-208-5449; Glen@GlenSellsHouses.com

Market pulse

Yelm is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 74 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $410,000 Sold

    1 week ago

    3 bd•2 ba•~1,444 sq ft•Single Family

    10005 Cochrane Avenue SE, Yelm, WA 98597

    2%

    Over list

    32

    Days on market

    0.5 mi

    Distance

  • $470,000 Sold

    1 week ago

    3 bd•2.25 ba•~1,694 sq ft•Single Family

    9819 Greenleaf Loop SE, Yelm, WA 98597

    2%

    Over list

    43

    Days on market

    0.6 mi

    Distance

  • $365,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,286 sq ft•Single Family

    10343 Tranquility Ln SE, Yelm, WA 98597

    3%

    Under list

    32

    Days on market

    0.8 mi

    Distance

  • $400,000 Sold

    2 weeks ago

    3 bd•0.75 ba•~1,077 sq ft•Single Family

    10035 Grove Road SE, Yelm, WA 98597

    4%

    Under list

    106

    Days on market

    0.8 mi

    Distance

  • $500,000 Sold

    2 weeks ago

    3 bd•2.25 ba•~2,155 sq ft•Single Family

    9846 Ferns Loop SE, Yelm, WA 98597

    0%

    Over list

    206

    Days on market

    0.7 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 9, 2026 at 11:35 AM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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