Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19608 95th Avenue Ct #1 Graham, WA 98338

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $229,950

    Oversized residential building lot with utilities in prime location.

    Added:
    Apr 25, 2025
    Days on Market:
    345
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 19608 95th Avenue Ct #1

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    JIM SELDEN

    Listing agent JIM SELDEN

    Listing office JOHN L. SCOTT, INC

    Listing date Apr 25, 2025

    Source Corcoran

    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 JOHN L. SCOTT, INC

    Overview

    Residential Building Lot Ready

    This is an oversized and secluded residential building lot situated in a prime location. Utilities are available at the site, including electric (Tacoma Public Utilities) and water (Washington Water Source). A water meter is already installed. The property has an approved septic design for a four-bedroom home and access to a community drain field. Located within a six-lot short plat, the lot has final County approval and all improvements are installed, including perimeter fencing. This listing pertains to lot 1 only. Adjacent lots 2 and 3 are also available under separate listings. The site is ready for the immediate submittal of a building permit application by the purchaser for the construction of a new home. Mobile or manufactured homes are not permitted. A short plat map is attached showing the lot. The property is a large level lot situated in a quiet community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.303
    Latitude
    47.0694

    Nearby Similar for Sale

    • $15,000,000

      Auto Recycling Portfolio For Sale

      Three established auto recycling yards across Western Washington.
      20619 Meridian E, Graham, WA 98338
      View Details
    • $1,995,000
      248,292 SF

      Corner Lot Development Opportunity

      248,292 sq. ft. corner lot near Pierce County Fair.
      10301 Eustis Hunt Road E, Graham, WA 98338
      View Details
    • $1,995,000

      Corner Lot Development Opportunity

      248,292 sq. ft. corner lot near Pierce County Fair.
      10301 Eustis Hunt Rd E, Graham, WA 98338
      View Details
    • $300,000

      Kapowsin 10-Acre Nature Retreat

      10-acre property with ponds, wildlife, and building potential.
      25867 150th Avenue E, Graham, WA 98338
      View Details
    • $559,000

      Graham Acreage Available For Sale

      1.07 acre commercial parcel for sale in Graham, Washington.
      22821 Meridian E, Graham, WA 98338
      View Details
    • Contact for pricing

      Prime Retail Space on Meridian

      High-visibility retail space in growing Graham and South Hill markets.
      22010 Meridian E, Graham, WA 98338
      View Details
    • $459,000

      Waterfront Land on Lake Tanwax

      6+ acre waterfront parcel with 100 feet of frontage.
      32716 Benbow Drive E, Graham, WA 98338
      View Details
    • $200,000

      2.5 Acre Buildable Lot

      2.5 acres of land with well permit and septic design.
      25905 96th Avenue E, Graham, WA 98338
      View Details
    • $209,000

      Land with Lake Kapowsin Views

      1.06-acre property with water views, close to amenities.
      31822 Orville Road E, Graham, WA 98338
      View Details
    • $150,000

      Land for Sale in Graham

      2.07 acres of land in Pierce County, Washington.
      0 222nd Street E, Graham, WA 98338
      View Details
    • $899,950

      Prime Land in Graham

      1.16 acre commercial land with development potential in Graham.
      22006 Meridian E, Graham, WA, 98338-9843
      View Details
    • $234,900

      Land Parcel with Mountain Views

      Land parcel featuring mountain views, planted trees, and utilities.
      29555 150th Avenue, Graham, WA 98338
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Oversized residential building lot with utilities in prime location.
    Where is this residential land & home lot located?
    The property is located at 19608 95th Avenue Ct #1 Graham, WA.
    What is the asking price?
    The asking price for this property is $229,950.
    What are key features of this property?
    This property features: Ready for immediate building permit application for a new home.; Oversized and secluded lot in a prime location.; Utilities at site: electric (Tacoma Public Utilities) and water (Washington Water Source).
    We can help!
    Listing Contact
    JIM SELDEN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!