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    22006 Meridian Ave Graham, WA 98338

    Sponsored
    For Sale
    $1,012,300

    1.16 Acres, R-10 Zoning, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.161-acre commercial lot (50,587 sq ft) in Graham, WA, presents a unique investment opportunity. Located within the Graham-Meridian Town Center, Phase III, this property boasts excellent visibility and accessibility, situated off SR 161 & 224th, a high-traffic corridor with approximately 22,000 daily drivers. All utilities are stubbed, and a community septic system is already installed. The R-10 zoning allows for a diverse range of uses, including community cultural services, healthcare facilities, administrative and professional offices, educational services, daycares, business services, restaurants, food stores, auto sales and repair, personal services, and general merchandise sales. The site plan is approved, simplifying the development process. Benefiting from its proximity to anchor tenants such as Burger King, Popeyes, O'Reilly Auto Parts, and Dutch Bros Coffee, and three major schools, this lot offers significant potential for high returns. Access is available directly from Meridian E. The property's strategic location and versatile zoning make it ideal for a variety of commercial ventures. Asking price is $1,012,300. The property's address is 22006 Meridian E, Graham, WA 98338. Pierce County.

    Property Features for 22006 Meridian Ave

    General Information

    Property type
    Land
    Lot Size
    50,573 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.296623
    Latitude
    47.056531

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.16 Acres, R-10 Zoning, High Traffic Area
    Where is this land located?
    The property is located at 22006 Meridian Ave Graham, WA.
    What is the asking price?
    The asking price for this property is $1,012,300.
    (253) 631-9545
    Request Owner's contact information
    22006 Meridian Ave Graham, WA 98338
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    Graham, WA 98338
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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
    22006 Meridian Ave Graham, WA 98338
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