14747 Berry Valley Road, Yelm, WA 98597

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Listing Broker: Kidder Mathews; David A. Kelley; 360-705-2800; austin.kelley@kidder.com

List Price
$3,000,000
Status
ACTIVE
MLS#
2590363
Days on Market
0
Lot Size (sq ft)
641,203

Property Description

Berry Development, a ±14.7-acre, entitled multifamily and townhome development opportunity located at 14747 Berry Valley Road in Yelm, WA. Zoned R-16, the site carries land use approval in-hand for 192 multifamily units, with an additional 120 townhome units pending approval, providing a developer with a rare combination of scale and product type diversity within a single assemblage. With entitlements secured, an incoming buyer can move directly into construction drawings without absorbing the timeline risk, cost, and uncertainty typically associated with the land use approval process. The site benefits from a complete due diligence package, including wetland delineation, topographic survey, an approved site plan, a full civil engineering set, a water table study, and a gopher species study — eliminating the entitlement and environmental risk that most raw land offerings still carry and allowing a developer to move from acquisition to vertical construction with minimal delay. Strategically positioned at 14747 Berry Valley Road, the property sits within the rapidly growing Yelm submarket, directly adjacent to Yelm High School. This location offers immediate access to an established residential base and daily conveniences, positioning the project to capture strong lease-up demand from both existing residents and the continued population growth driving the broader Yelm market.

Additional Information

Community
Yelm
Style
42 - Multi-Family
Zoning Jurisdiction
City
Sewer
In Street
Tax Year
2026
School District
Yelm
Potential Terms
Conventional
Driving Directions
Take S 13th Wye St to I-705 S / Take I-5 S to Mounts Rd SW/Nisqually Rd SW. Take exit 116 from I-5 S / Continue on Nisqually Rd SW. Take Old Pacific Hwy SE, Reservation Rd SE, WA-510 E
Based on information submitted to the MLS GRID as of . 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.
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