Search
Bonney Lake Income-Producing Property
For Sale
$4,200,000

8413 Myers Rd, Bonney Lake, WA 98391

Income-producing self-storage and industrial property with high occupancy and additional revenue streams.

Days on Market1243

Property Features for 8413 Myers Rd

General Information

Standard status Active

Building Details

Year Built 1979
Listing Agency: NAI PUGET SOUND PROPERTIES
Listed By: WYK PARKER · License #873009985
Source: Corcoran
Added: Mar 6, 2023 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 NAI PUGET SOUND PROPERTIES

Investment Insights

Based on property information with market context.

This stabilized income-producing property features historically high occupancy rates. The property includes drive-up ground-level access to all storage units. Additional income is generated from mailbox rentals, RV/boat parking, and office space rentals. The property benefits from a low-maintenance steel roof and siding. Excellent visibility and signage are present along State Route Highway 410. Good access is provided to major arterials, including State Route 167, 162, and 410. A comprehensive security monitoring system is in place, along with an on-site leasing office and resident manager apartment. The surrounding population is growing, with average household incomes within one, three, and five miles exceeding the national average. The City of Bonney Lake restricts the development of new self-storage projects.

Key Highlights

  • Stabilized income‑producing property with historically high occupancy.
  • Excellent visibility and signage** along State Route Highway 410.
  • City of Bonney Lake restricts development of new self‑storage projects.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 98391, WA

56,427
Population
20,573
Households
2.7
Avg Household Size
38
Median Age
32%
College-Educated
95%
High-School Grad
38.4 sq mi
ZIP Area
1,469
Density / Sq Mi
$129,233
Median Household Income
$66,861
Median Earnings
$2,178
Median Rent
$578,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Self storage facility - Income-producing self-storage and industrial property with high occupancy and additional revenue streams.
Where is this self storage facility located?
The property is located at 8413 Myers Rd Bonney Lake, WA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Stabilized income‑producing property with historically high occupancy.; Excellent visibility and signage** along State Route Highway 410.; City of Bonney Lake restricts development of new self‑storage projects.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message