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Sold Closed August 15, 2024
$800,000
Originally $1,100,000
5 Acres Lot
No Garage
SALE HISTORY
List price was $1,100,000
The price was later changed to $850,000.
It took 437 days to go pending.
Then 84 days to close at $800,000
This level, 5+ acre property is a great location for a variety of businesses, with the parcel being zoned (HC), Highway Commercial. Those uses are specified in the Rainier Zoning Code; 18.42.030. It has approximately 562' of highway frontage on SR 507 with an Annual Average Daily Traffic Count of "8,095,000" in 2022. Water is with the City and the property has an on-site septic system that may have to be upgraded depending on your use. Access is from SR 507 & from Myers St. If you're looking for a place for your business with great visibility from high traffic volume, This is It!
Offer Review
No offer review date was specified
Listing source NWMLS MLS #
2044392
Listed by
Roger L. Rieke, Yelm Windermere Real Estate
Buyer's broker
Patrick Clark, eXp Realty
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Time Adjusted Estimated Value
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value. Any damage or deferred maintenance would subtract from the value.
Property History
Dec 03, 2025
Listed
$879,000
Aug 15, 2024
Sold
$800,000
NWMLS #2044392
Jul 26, 2024
Went Pending
$850,000
NWMLS #2044392
May 24, 2024
Went Pending Feasibility
$850,000
NWMLS #2044392
Feb 22, 2024
Price Reduction arrow_downward
$850,000
NWMLS #2044392
Oct 03, 2023
Price Reduction arrow_downward
$990,000
NWMLS #2044392
Apr 26, 2023
Price Reduction arrow_downward
$1,000,000
NWMLS #2044392
Mar 13, 2023
Listed
$1,100,000
NWMLS #2044392
More
Listing Details
  • Sale Price
    $800,000
  • Closing Date
    August 15, 2024
  • Last List Price
    $850,000
  • Original Price
    $1,100,000
  • List Date
    March 13, 2023
  • Pending Date
    May 23, 2024
  • Days to go Pending
    437 days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2044392
  • Listing Broker
    Roger L. Rieke
  • Listing Office
    Yelm Windermere Real Estate
  • Buyer's Broker
    Patrick Clark
  • Buyer Broker's Firm
    eXp Realty
Monthly Payment Estimate
  • Principal and Interest
    $4,194 / month
  • Property Taxes
    $403 / month
  • Homeowners Insurance
    $159 / month
  • TOTAL
    $4,756 / month

  • based on 20% down
    ($160,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Comm/Industrial
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    5 Acres Lot
  • Lot Size Source
    Assessor
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2023 Property Taxes
    $4,831 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Rainier
  • Elementary
    Rainier Primary Sch
  • Middle
    Rainier Mid
  • High School
    Rainier Snr High
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • Territorial
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Paved
Appliances
Terms
  • Bank Owned (REO)
    No
Utilities
  • Sewer
    Not Available
  • Water Source
    Available
    On Property
    See Remarks
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 453
  • Number of Photos
    3
  • Last Modification Time
    Thursday, August 15, 2024 3:47 PM
  • System Listing ID
    5201539
Update Info
  • Closed
    2024-08-15 15:54:57
  • Pending Or Ctg
    2024-07-26 15:04:40
  • Price Reduction
    2024-02-22 12:59:34
  • First For Sale
    2023-03-13 13:08:35
Listing details based on information submitted to the MLS GRID as of Thursday, August 15, 2024 3:47 PM. 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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Sold August 15, 2024
$800,000   $850,000
NWMLS #2044392. Roger L. Rieke, Yelm Windermere Real Estate
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.