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    22201 Meridian Ave E Graham, WA 98338

    For Sale
    $3,500,000

    High-traffic location, former Rite Aid available for sale.

    Property size:
    17,471 SF

    Property Features for 22201 Meridian Ave E

    General Information

    Size
    17,471 SF

    Building Details

    Year built
    2009

    Source: KIDDER MATHEWS Agent BRIAN ENGELKING

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

    Overview

    Former Retail Space on Meridian

    This is a former Rite Aid retail property situated at the intersection of 224th and Meridian. The property has a size of 17471 square feet and is located in Graham, WA.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    James K. Kao, RPh, COVID-19 Drive-Thru Testing at Walgreens, Michael Howard, Rite Aid Pharmacy, Walgreens Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.2939094
    Latitude
    47.053582

    Nearby Similar for Sale

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      Equestrian property featuring arenas, stalls, paddocks, and living accommodations.
      8106 224Th St E, Graham, WA 98338
      View Details

    FAQs

    What type of property is this?
    Drug store - High-traffic location, former Rite Aid available for sale.
    Where is this drug store located?
    The property is located at 22201 Meridian Ave E Graham, WA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - High traffic intersection location; - Former Rite Aid; - Built in 2009
    Request Owner's contact information
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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
    22201 Meridian Ave E Graham, WA 98338
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