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    16102 193Rd Avenue Ct Bonney Lake, WA 98391

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    For Sale
    $3,750,000

    5-acre corner lot with development potential in growing Bonney Lake.

    Lot size:
    5.00 Acres

    Property Features for 16102 193Rd Avenue Ct

    General Information

    Lot size
    5.00 Acres
    Source: Corcoran

    Listing Agent: Carrie Haymond

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

    Overview

    Bonney Lake Development Opportunity

    Located in Bonney Lake, Washington, this 5-acre corner lot presents a development opportunity in an area experiencing rapid growth. The property is not subject to HOA restrictions. New developments are underway in nearby Tehaleh, including new roads, phases, and infrastructure. The site benefits from an established road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.1732637
    Latitude
    47.1509973

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    FAQs

    What type of property is this?
    Land - 5-acre corner lot with development potential in growing Bonney Lake.
    Where is this land located?
    The property is located at 16102 193Rd Avenue Ct Bonney Lake, WA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - 1. 5-acre corner lot with development potential.; - Located in rapidly growing Bonney Lake.; - No HOA restrictions.
    (425) 454-0470
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    16102 193Rd Avenue Ct 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
    16102 193Rd Avenue Ct Bonney Lake, WA 98391
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