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Exceptional 55-Acre Raw Land Opportunity
For Sale
$2,350,000
Pending

23212 86th Avenue E, Graham, WA 98338

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

Property Size2,395,800 SF
Days on Market903

Property Features for 23212 86th Avenue E

General Information

Standard status Pending
Size 2,395,800 SF
Property subtype Commercial
Listing Agency: BERKADIA REAL ESTATE ADVISORS, LLC
Listed By: STEVEN CHATTIN
Source: Corcoran
Added: Feb 21, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKADIA REAL ESTATE ADVISORS, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Nail Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 98338, WA

30,147
Population
11,336
Households
2.7
Avg Household Size
39
Median Age
19%
College-Educated
92%
High-School Grad
53.9 sq mi
ZIP Area
559
Density / Sq Mi
$112,788
Median Household Income
$55,190
Median Earnings
$1,889
Median Rent
$471,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 Avenue 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.
More about this property
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