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

    29555 150th Avenue Graham, WA 98338

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $234,900

    Land parcel featuring mountain views, planted trees, and utilities.

    Added:
    May 31, 2025
    Days on Market:
    306
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 29555 150th Avenue

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    DEANNA J. ANDERSEN

    Listing agent DEANNA J. ANDERSEN

    Listing office BETTER HOMES AND GARDENS RE PC

    Listing date May 31, 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 BETTER HOMES AND GARDENS RE PC

    Overview

    Land Parcel with Mountain Views

    This parcel of land offers full mountain views and some territorial views. It features a gated driveway and accessible roads. The property includes 1500 newly planted Douglas fir trees, planted in 2024. Power and phone services are available on site. The parcel is flagged to indicate boundary lines. The property is located in a quiet neighborhood and is free of wetlands. It is suitable for a mini farm or other development based on the buyer's vision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom HVAC Service Garden Center Car Rental Facility Home Appliance Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.234
    Latitude
    46.9873

    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
    • $325,000

      Kapowsin 10-Acre Nature Retreat

      10-acre property with ponds, wildlife, and building envelope access.
      25867 150th Avenue, Graham, WA 98338
      View Details

    FAQs

    What type of property is this?
    Land - Land parcel featuring mountain views, planted trees, and utilities.
    Where is this land located?
    The property is located at 29555 150th Avenue Graham, WA.
    What is the asking price?
    The asking price for this property is $234,900.
    What are key features of this property?
    This property features: Full mountain view; 1500 newly planted Douglas fir trees (planted in 2024); Gated driveway for enhanced privacy and security
    (360) 832-6600
    We can help!
    Listing Contact
    DEANNA J. ANDERSEN
    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!