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    221St Ave E Bonney Lake, WA 98391

    For Sale
    $1,851,300

    2.4 acres in Bonney Lake's growing East Town District.

    Property size:
    108,900 SF
    Lot size:
    2.40 Acres

    Property Features for 221St Ave E

    General Information

    Size
    108,900 SF
    Lot size
    2.40 Acres

    Source: NAI Puget Sound Properties Agent Kyle Schipper, SIOR

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

    Overview

    Bonney Lake Industrial Land Available

    This property features 2.4 acres (108,900 square feet) of land situated in the rapidly growing East Town District of Bonney Lake. The site consists of two tax parcels, each measuring 250.0 feet by 434.5 feet. A 20-foot utility and street easement is located on the northernmost lot. Zoned for light industrial use within the Eastown District, the property is suitable for various purposes, including a contractor's yard or equipment storage. In terms of accessibility, the location offers a 16-minute drive to Sumner, 30 minutes to Federal Way, 9 minutes to SR-167, and 22 minutes to the Port of Tacoma.
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.134985
    Latitude
    47.165324

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    FAQs

    What type of property is this?
    Industrial land - 2.4 acres in Bonney Lake's growing East Town District.
    Where is this industrial land located?
    The property is located at 221St Ave E Bonney Lake, WA.
    What is the asking price?
    The asking price for this property is $1,851,300.
    What are key features of this property?
    This property features: - Located in Bonney Lake’s Rapidly Growing East Town District; - **2.4 Acres (108,900 SF)**; - Eastown District Zoning (Light Industrial)
    (253) 203-1320
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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
    221St Ave E Bonney Lake, WA 98391
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