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    23212 86Th Ave E Graham, WA 98338

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    For Sale
    $2,350,000

    55-acre raw land near Tacoma, WA, ideal for various uses.

    Property size:
    2,395,800 SF

    Property Features for 23212 86Th Ave E

    General Information

    Size
    2,395,800 SF

    Source: BERKADIA REAL ESTATE ADVISORS, LLC Agent STEVEN CHATTIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Exceptional 55-Acre Raw Land Opportunity

    This is a 55-acre raw land opportunity located at 23212 86th Ave E, Graham, WA. The property consists of three parcels, showcasing a blend of open space and forested land. It is located in a suburb just outside Tacoma, WA, approximately 5 miles from major employers such as Frederickson ONE and Boeing. The property is also near Pacific Lutheran University and Joint Base Lewis-McChord. Zoned R-10, the land allows for multiple development options, including a residential enclave with up to 11 homes on 1-acre minimum lots, as well as recreational or agricultural uses. The property formerly served as a red wolf rescue site for Point Defiance Zoo and a mink farm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.3174843
    Latitude
    47.0449036

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    FAQs

    What type of property is this?
    Land - 55-acre raw land near Tacoma, WA, ideal for various uses.
    Where is this land located?
    The property is located at 23212 86Th Ave E Graham, WA.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - 55-acre raw land assemblage in Graham, WA, offering a substantial development opportunity.; - Zoned R-10, allowing for multiple development options including residential (up to 11 homes), recreational, or agricultural uses.; - Located just 5 miles from major employers like Frederickson ONE and Boeing.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23212 86Th Ave E Graham, WA 98338
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