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4203 218Th Avenue Ct Sumner, WA 98391

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For Sale
$265,000

1.25 acre cell tower site near Lake Tapps.

Lot size:
1.26 Acres

Property Features for 4203 218Th Avenue Ct

General Information

Lot size
1.26 Acres
Source: Corcoran

Listing Agent: Scott Horan

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


Overview

Cell Tower Site Near Lake

The property is located on the east side of 218th Avenue E, south of 40th Street E, near Lake Tapps. The parcel is primarily rectangular-shaped and mostly level, totaling 54,693 square feet, or 1.25 acres. The current zoning is R-10, but the site is currently used as a permitted cellular communications site. The seller receives two separate automatic monthly deposits from SBA Communications and T-Mobile, totaling $1,112.44 per month. The listed price of $265,000 is the appraised value as of July 14, 2024. An MAI appraisal of the property is available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

Location Insight

  • Map
  • Local Demand
City
Sumner
County
Pierce
State
Washington
Longitude
-122.138344
Latitude
47.164606

FAQs

What type of property is this?
Commercial land - 1.25 acre cell tower site near Lake Tapps.
Where is this commercial land located?
The property is located at 4203 218Th Avenue Ct Sumner, WA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: - Income-generating property: Leased to SBA Communications and T-Mobile, providing $1,112.44 monthly income.; - Large 1.25 acre lot (54,693 sq ft), rectangular and mostly level.; - Appraised Value: Listed price of $265,000 matches the recent MAI appraisal (July 14, 2024).
More about this property
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