2.7-Acre C3-Zoned Commercial
22512 State Route 410 E Bonney Lake, WA 98391
22512 State Route 410 E, Bonney Lake, WA, 98391
$2,250,000
For Sale
$2,250,000
Development-ready site with approved plans in high-traffic commercial corridor.
Property Size17,000 SF
Lot Size2.69 Acres
Price / SF$132.35
Days on Market405
Property Features for 22512 State Route 410 E
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 2.69 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
BERKSHIRE HATHAWAY HS NW
(253) 946-4000
Listed by
ALEKSANDER PROKHOR
Source
Corcoran
Added: Jun 11, 2025 Checked: Jul 19 at 4:38 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HS NW
Investment Insights
Based on property information with market context.
This is a rare 2.7-acre C3-zoned commercial lot located in the Easton area of Bonney Lake, strategically positioned with frontage on SR 410 E. The development-ready site has approved plans for a 17,000 square foot building, which includes a 10,000 square foot warehouse, a commercial kitchen, and a rooftop area. The plans also feature 46 parking stalls. All critical studies have been completed, including wetlands delineations and restoration, architectural plans, drainage studies, and engineering reports. The site is secluded yet visible from SR 410 E and will be accessible via a new public roundabout, which is currently under development, and a private drive. The MEP design is underway, and permits have been submitted and are included with the purchase. This lot is suitable for a winery, distribution warehouse, or office space. It is one of the last prime C3 lots available in a high-traffic commercial corridor.
Key Highlights
- Rare 2.7‑Acre C3‑Zoned Commercial Lot with SR 410 E Frontage
- Approved plans for a 17,000 SF building including a 10,000 SF warehouse, commercial kitchen, and rooftop area.
- Development‑ready site with completed critical studies.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $265.2k | $15.60 |
| − Vacancy | −$21.0k | −$1.23 |
| EGI | $244.2k | $14.37 |
| − OpEx | −$73.3k | −$4.31 |
| NOI | $171.0k | $10.06 |
17,000 SF · lease $15.60/SF/yr · vacancy 7.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.44M
$3.01M – $4.01M
NOI $240,791 @ 7.0% cap · market cap 10.70%
Second Best
Warehouse
$2.97M
$2.60M – $3.46M
NOI $207,612 @ 7.0% cap · market cap 9.23%
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,406 @ 7.0% cap · market cap 14.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Development-ready site with approved plans in high-traffic commercial corridor.
Where is this commercial land located?
The property is located at 22512 State Route 410 E Bonney Lake, WA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Rare 2.7‑Acre C3‑Zoned Commercial Lot with SR 410 E Frontage; Approved plans for a 17,000 SF building including a 10,000 SF warehouse, commercial kitchen, and rooftop area.; Development‑ready site with completed critical studies.
