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    8106 224Th St E Graham, WA 98338

    For Sale
    $749,999

    Equestrian property featuring arenas, stalls, paddocks, and living accommodations.

    Lot size:
    2.38 Acres

    Property Features for 8106 224Th St E

    General Information

    Interior features
    Interior Feature 1, : "Forced Air", "Interior Feature 2": "Dishwasher(s)", "Interior Feature 3": "Dryer(s)", "Interior Feature 4": "Microwave(s)", "Interior Feature 5": "Refrigerator(s)", "Interior Feature 6": "Stove(s)/Range(s)", "Interior Feature 7": "Washer(s)"
    Exterior features
    exterior_features, : ["Composition"]
    Lot size
    2.38 Acres

    Building Details

    Year built
    1999

    Source: John L. Scott Agent Northwest Multiple Listing Service

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

    Overview

    Equestrian Property with Income Potential

    This equestrian property is equipped for use as a boarding or training facility, presenting potential income opportunities. The farm includes 17 stalls and 21 paddocks, along with a hot and cold wash rack and a tack room. There are seven tack lockers, plus a personal tack room for owners. Hay storage is available in a 30-ton capacity structure that can also serve as a shop. A 30-yard shaving bin is on-site, along with four additional hay/feed rooms for boarders. The large stalls are piped for automatic water. Equestrian amenities include a recently restored 50x136 indoor arena and a 200x150 outdoor arena with a metal roof. The yard is set up as a trail course, and there is a 60 ft round pen. The entire farm is wired for a diesel generator, which is included. The house has 3 beds, 2 baths and 1056 SF with newer roof. Additionally, there is a 300 SF studio ADU and a designated RV spot with a full 30-amp septic hookup. Water spickets are located throughout the property.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.3227335
    Latitude
    47.0525911

    Nearby Similar for Sale

    • $3,500,000
      17,471 SF

      Former Retail Space on Meridian

      High-traffic location, former Rite Aid available for sale.
      22201 Meridian Ave E, Graham, WA 98338
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Equestrian property featuring arenas, stalls, paddocks, and living accommodations.
    Where is this horse & equestrian property located?
    The property is located at 8106 224Th St E Graham, WA.
    What is the asking price?
    The asking price for this property is $749,999.
    What are key features of this property?
    This property features: - Extensive Equestrian Facilities: 17 stalls, 21 paddocks, indoor and outdoor arenas, round pen, wash rack, tack rooms, and hay/feed storage.; - Income Potential: Set up for boarding or training facility with multiple amenities for boarders.; - Restored Indoor Arena: 50x136 recently restored indoor arena.
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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
    8106 224Th St E Graham, WA 98338
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