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    13311 200Th St E Graham Graham, WA 98338

    For Sale
    $1,400,000

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

    Property size:
    110,207 SF

    Property Features for 13311 200Th St E Graham

    General Information

    Standard status
    Active
    Size
    110,207 SF

    Building Details

    Year built
    1978

    Source: TERRY WISE & ASSOCIATES Agent KRISTINA LINKEM

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

    Overview

    Development Opportunity with Approved Short Plat

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Electrical Service Garden Center Bed & Breakfast Pet Grooming Service Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.2522658
    Latitude
    47.0751716

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    FAQs

    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 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.
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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
    13311 200Th St E Graham Graham, WA 98338
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