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    Property profile & analytics
    OFF-MARKET Estimated value $715,000
    Grocery and convenience stores

    10108 194th E St, Graham, WA 98338-9868

    3,123 SF 0.97 ac lot Built 2019
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US90-2559595
    Property summary
    AI-generated overview

    This exceptional industrial land parcel, located at 10108 194th St E in Graham, Washington, presents a unique investment opportunity. The property, classified as Class B, is situated in Pierce County and boasts a highly desirable location with exceptional visibility. The site offers a large, level pad ideal for various commercial uses. Its strategic placement adjacent to a newly constructed AM/PM convenience store ensures high traffic volume, with over 36,000 vehicles passing daily. The property benefits from Meridian frontage and shared access to 194th Street, providing convenient ingress and egress. This sublease opportunity from the neighboring AM/PM offers a streamlined path to occupancy. The property's MUD zoning allows for a wide range of potential uses, making it particularly well-suited for quick-service restaurants (QSRs) and other businesses seeking high visibility and convenient access. The single building suite on the land provides a flexible space for development. The zip code is 98338. This is a rare opportunity to acquire a highly visible and strategically located industrial land parcel in a thriving area. The property's location and zoning make it an attractive option for a variety of businesses seeking a high-traffic location. The level pad simplifies development, minimizing site preparation costs. Don't miss this chance to secure a prime location in a rapidly growing market.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE (W/FUEL PUMP)
    Year built 2019
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,123 SF
    Lot 0.97 ac (42,391 SF)
    Zoning code MUD
    APN 418045030
    UPID US90-2559595
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $525k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $907k
    Blend (final) Blend
    $715k
    Owner & transaction history
    Pierce County · 7 yrs held
    Pierce County
    since 2019
    3 recorded transactions
    2019
    2007
    $875,000
    1996
    $120,000
    Zoning & alternative use
    MUD · Graham, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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