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Development Opportunity with Approved Short Plat
For Sale
$1,400,000

13311 200th St E, Graham, WA 98338

2.53 acres approved for 9 lots, includes existing rental home.

Property Size110,207 SF
Price / SF$12.70
Days on Market351

Property Features for 13311 200th St E

General Information

Standard status Active
Size 110,207 SF
Property subtype Commercial

Building Details

Year Built 1978
Listing Agency: TERRY WISE & ASSOCIATES
Listed By: KRISTINA LINKEM · License #96431
Source: Corcoran
Added: Aug 26, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:02AM

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 TERRY WISE & ASSOCIATES

Investment Insights

Based on property information with market context.

This 2.53-acre property presents an exceptional development opportunity, featuring an approved 9-lot short plat. The site is adjacent to Lennar’s new community, “Daybreak.” Newly constructed 134th Street and a fully re-paved 200th Street enhance accessibility. Sewer and water connections are stubbed to the parcel, and no wetlands are present on the site. The property includes a 1,984-square-foot home with 4 bedrooms, 3 baths, and a 2-car garage. The residence features fresh paint inside and out, a new deck off the primary bedroom, a new patio and garage doors, a newer hot water heater, and updated lighting. This residence will remain on Lot 6 and is currently rented. This location offers a prime opportunity to build 8 houses. The Comprehensive Plan update permits the possibility of developing additional home sites if desired, making this an excellent opportunity for a new construction project.

Key Highlights

  • Approved 9‑lot Short Plat on 2.53 Acres: Ready for immediate development of 8 new homes.
  • Sewer and Water Connections Stubbed: Reduces development costs and simplifies the building process.
  • No Wetlands: Simplifies the development process and reduces potential environmental concerns.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Electrical Service Garden Center Restaurant Pet Grooming Service Spa & Massage Center

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

17
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?
Residential land & home lot - 2.53 acres approved for 9 lots, includes existing rental home.
Where is this residential land & home lot located?
The property is located at 13311 200th St E Graham, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approved 9‑lot Short Plat on 2.53 Acres: Ready for immediate development of 8 new homes.; Sewer and Water Connections Stubbed: Reduces development costs and simplifies the building process.; No Wetlands: Simplifies the development process and reduces potential environmental concerns.
More about this property
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