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Investment Highlights
- High-visibility frontage along Meridian Avenue in Graham
- Strong traffic counts exceeding 28,000 vehicles daily
- Zoned RAC, supporting diverse commercial uses
- Mostly level site ideal for streamlined development
Executive Summary
Located just south of the bustling intersection at 224th Street and Meridian Avenue in Graham, Washington, this 1.07-acre parcel offers a rare opportunity for developers, investors, or owner-users seeking high-visibility frontage in a rapidly growing Pierce County submarket. Zoned Rural Activity Center (RAC), the site supports a wide range of commercial and mixed-use development options, making it ideal for retail, service, or community-oriented uses.
The property benefits from excellent visibility and a mostly level topography, streamlining site preparation and development. With over 14,700 vehicles passing daily on Meridian Avenue and another 13,600+ on nearby arterials, the location ensures strong exposure and accessibility. Surrounding national retailers and service providers—including Safeway, Walgreens, AutoZone, Dollar Tree, and Popeyes—create a vibrant commercial environment that draws consistent consumer traffic.
Demographic trends further enhance the site’s appeal. Within a five-mile radius, the population is projected to exceed 104,000 by 2029, with average household incomes approaching $153,000. These figures reflect a stable and affluent customer base, ideal for businesses seeking long-term viability in a suburban setting.
Positioned near Graham Town Center and surrounded by established residential neighborhoods, the parcel offers a strategic blend of community integration and commercial potential. Whether for immediate development or long-term investment, 22821 Meridian Ave E stands out as a compelling opportunity in one of South Puget Sound’s most active growth corridors.
The property benefits from excellent visibility and a mostly level topography, streamlining site preparation and development. With over 14,700 vehicles passing daily on Meridian Avenue and another 13,600+ on nearby arterials, the location ensures strong exposure and accessibility. Surrounding national retailers and service providers—including Safeway, Walgreens, AutoZone, Dollar Tree, and Popeyes—create a vibrant commercial environment that draws consistent consumer traffic.
Demographic trends further enhance the site’s appeal. Within a five-mile radius, the population is projected to exceed 104,000 by 2029, with average household incomes approaching $153,000. These figures reflect a stable and affluent customer base, ideal for businesses seeking long-term viability in a suburban setting.
Positioned near Graham Town Center and surrounded by established residential neighborhoods, the parcel offers a strategic blend of community integration and commercial potential. Whether for immediate development or long-term investment, 22821 Meridian Ave E stands out as a compelling opportunity in one of South Puget Sound’s most active growth corridors.
Property Facts
| Price | $762,241 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.07 AC |
| Zoning | RAC - Rural Activity Center | ||
| Price | $762,241 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.07 AC |
| Zoning | RAC - Rural Activity Center |
1 Lot Available
Lot
| Price | $762,241 CAD | Lot Size | 1.07 AC |
| Price Per AC | $712,374.97 CAD |
| Price | $762,241 CAD |
| Price Per AC | $712,374.97 CAD |
| Lot Size | 1.07 AC |
1.07-acre land parcel Zoned Rural Activity Center (RAC)
1 1
Property Taxes
| Parcel Number | 041815-2024 | Improvements Assessment | $0 CAD |
| Land Assessment | $338,851 CAD | Total Assessment | $338,851 CAD |
Property Taxes
Parcel Number
041815-2024
Land Assessment
$338,851 CAD
Improvements Assessment
$0 CAD
Total Assessment
$338,851 CAD
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22821 Meridian E
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