Exceptional development potential in rapidly growing Yelm! This C-1 zoned vacant lot allows for dynamic use—minimum 20% commercial and up to 80% residential. Located just off Yelm Ave with paved access, this property is ideal for a mixed-use project that captures both visibility and convenience. Whether you're envisioning retail with apartments above or a live-work space, this lot offers flexibility in a prime location. Build your vision in one of Thurston County’s fastest-growing communities—perfect for investors, developers, or business owners looking to establish a presence in a high-traffic area. Confirm your plans with the City of Yelm and bring your vision to life!
Sold
Listed by:
Marti Baker,
MVP Realty Group
Bought with: RE/MAX Country
$599,000
111 Killion Road SE, Yelm, WA 98597
--beds
--baths
4.11Acres
Unimproved Land
Built in ----
4.11 Acres Lot
$-- Zestimate®
$--/sqft
$1,683 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,683/mo
Zestimate® history
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$1,683/mo
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Rent Zestimate®
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$3,528/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: October 12, 2025 at 04:03am
Listed by:
Marti Baker,
MVP Realty Group
Bought with:
Cynthia Schmier, 13574
RE/MAX Country
Source: NWMLS as distributed by MLS GRID,MLS#: 2384787
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 4.11 Acres
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 21724140600
- Zoning: C-1
- Zoning description: Commercial,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: In Street
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Yelm
- Subdivision: Yelm
Other
Other facts
- Road surface type: Paved
- Cumulative days on market: 216 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $599,000+83.4% |
Source:  NWMLS as distributed by MLS GRID #2384787 Report a problem | ||
| 12/17/2013 | Sold | $326,629 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,695 -15% | $624,800 +10.9% |
| 2023 | $5,523 +16% | $563,600 +10.8% |
| 2022 | $4,760 +8.6% | $508,600 +28.5% |
Find assessor info on the county website
Neighborhood: 98597
Nearby schools
GreatSchools rating
- 4/10Southworth Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 7/10Yelm Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 0.5 mi
- Washington
- Thurston County
- Yelm
- 98597
- 111 Killion Road SE