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    21512 E Bonney Lake Blvd Bonney Lake, WA 98391

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    For Sale
    $950,000

    1.86-acre C2 zoned parcel with development options.

    Property size:
    80,150 SF

    Property Features for 21512 E Bonney Lake Blvd

    General Information

    Standard status
    Active
    Size
    80,150 SF

    Building Details

    Year built
    1979
    Source: Corcoran

    Listing Agent: Rachelle Willhite

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bonney Lake Development Opportunity

    This 1.86-acre parcel is located in Bonney Lake and is zoned C2, offering various development possibilities. The zoning allows for multi-family housing, office space, retail, and service establishments. The property is situated off 214th Street, providing access to Highway 410. The property size is 80150 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.1661683
    Latitude
    47.1922439

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    FAQs

    What type of property is this?
    Commercial land - 1.86-acre C2 zoned parcel with development options.
    Where is this commercial land located?
    The property is located at 21512 E Bonney Lake Blvd Bonney Lake, WA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - 1.86-acre parcel zoned C2 offering many development options.; - Great access to HWY 410.; - Located in the growing city of Bonney Lake.
    (206) 947-0811
    Request Owner's contact information
    21512 E Bonney Lake Blvd Bonney Lake, WA 98391
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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
    21512 E Bonney Lake Blvd Bonney Lake, WA 98391
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