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    Property profile & analytics

    23518 70th E Ave Graham, WA 98338-7319

    • Grocery and convenience stores
    • 2,400 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimation
    $3,430,000
    Last Sale
    Sep 15, 2021
    $3,200,000
    Location Intelligence
    Property ID
    US90-1039894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 23518 70th E Ave

    Year built
    1988
    Construction
    WOOD FRAME
    Lot size
    1.16 lot acres
    Property size
    2,400 SF
    Zone code
    R10
    Property type
    Grocery and convenience stores
    APN
    418188051
    APU
    418188051

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,220,000
      6.5%
      $3,440,000
      7%
      $3,110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,530,000
      Geo Method
      $3,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,975,000
      Retail
      $2,530,000
      Mixed-Use
      $2,685,000
      Hospitality
      $3,250,000
      Educational
      $3,015,000
      Residential Income
      $2,480,000
      Energy
      $2,830,000
      Income-Based Land
      $2,460,000
      Food Service
      $2,990,000

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Pierce
    State
    Washington
    Longitude
    -122.338
    Latitude
    47.0428
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,333
    $425,100
    $538,300
    $963,400
    -
    $425,100
    $538,300
    $963,400

    Comparable in this City

    • Value Estimation
      $390,000
      3,360 SF

      30323 Meridian E

      CONVENIENCE STORE (W/FUEL PUMP) • 3,360 SF
      30323 Meridian E, Graham, WA 98338-6012
      View Details
    • Value Estimation
      $365,000
      2,186 SF

      30401 Mtn E Hwy

      CONVENIENCE STORE • 2,186 SF
      30401 Mtn E Hwy, Graham, WA 98338-9714
      View Details
    • Value Estimation by Request
      2,700 SF

      10216 224th E St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,700 SF
      10216 224th E St, Graham, WA 98338-7189
      View Details
    • Value Estimation by Request
      4,000 SF

      29822 Orting Kapowsin E Hwy

      CONVENIENCE STORE (W/FUEL PUMP) • 4,000 SF
      29822 Orting Kapowsin E Hwy, Graham, WA 98338-9005
      View Details
    • Value Estimation by Request
      6,762 SF

      19921 Meridian E

      CONVENIENCE STORE (W/FUEL PUMP) • 6,762 SF
      19921 Meridian E, Graham, WA 98338-8099
      View Details
    • Value Estimation by Request
      3,123 SF

      10108 194th E St

      CONVENIENCE STORE (W/FUEL PUMP) • 3,123 SF
      10108 194th E St, Graham, WA 98338-9868
      View Details

    Similar Nearby 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
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    • $1,400,000
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      Development Opportunity with Approved Short Plat

      2.53 acres approved for 9 lots, includes existing rental home.
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    • $3,967,444

      8.28 Acres in Graham, WA

      8.28 acre parcel in a Rural Activity Center.
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    • $1,012,300
      1.16 Acres

      Graham Commercial Land - Prime Location

      1.16 Acres, R-10 Zoning, High Traffic Area
      22006 Meridian Ave, Graham, WA 98338
      View Details
    • $1,900,000

      Fenced Contractor Yard with Buildings

      Large fenced yard with office and multiple shop buildings.
      10412 244Th St E, Graham, WA 98338
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      View Property in The Country

      Land with views, ideal for building a dream home.
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    Similar Nearby for Lease

    • $20 SF/Yr
      2,617 SF

      Retail Space in Graham, WA

      Retail space available for lease in Graham, Washington.
      9807-9915 224Th St E, Graham, WA 98338
      View Details
    • $1,600 /Mo
      1,000 SF

      Retail Space For Rent

      Retail space available in a great location.
      10118 224Th St E, Graham, WA 98338
      View Details
    • $24 SF/Yr
      1,200 SF

      Retail Space in High-Growth Area

      Retail space with high visibility and ample parking available for rent.
      9909 224Th Street Ct East, Graham, WA 98338
      View Details
    • $21 SF/Yr
      1,215 SF

      Retail Space in Graham Center

      1,215 SF retail space in well-maintained Graham center.
      9805 224Th St E, Graham, WA 98338
      View Details
    • Contact for pricing
      30,899 SF

      Land for Lease in Graham

      Land available for lease in Graham, Washington.
      9927 224Th St E, Graham, WA 98338
      View Details
    • $6,550 /Mo
      32,084 SF

      Fenced Land Parcel For Lease

      32,084 SF of flat, graded, and gated land available.
      19313 Meridian Ave E, Graham, WA 98338
      View Details
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    Graham, WA 98338-7319
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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
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