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22821 Meridian E 1.07 Acres of Commercial Land Offered at $559,000 in Graham, WA 98338

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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.

ATTACHMENTS

22821 Meridian

PROPERTY FACTS

Price $559,000
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 $559,000
Price Per AC $522,429.91
Lot Size 1.07 AC

1.07-acre land parcel Zoned Rural Activity Center (RAC)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041815-2024
Land Assessment
$251,200
Improvements Assessment
$0
Total Assessment
$251,200
  • Listing ID: 38081272

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 22821 Meridian E, Graham, WA 98338

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