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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

19023 141 St Ct Bonney Lake, WA 98391

Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial lot presents a unique investment opportunity within the thriving Tehaleh master-planned community in Pierce County, Washington. Currently boasting over 10,000 residents and projected to reach approximately 30,000 residents within the next decade, Tehaleh offers unparalleled growth potential. This single-tenant parcel is ideally situated amongst established businesses including a 7-Eleven (exceeding 7-year sales projections), Wendy's (exceeding initial projections), Ossman Dental (with a current patient waiting list), and a Kiddie Academy (opening Q4 2024). The property's APN is 0519168005. Tehaleh's expansive 4,700+ acre development includes over 475 acres zoned for commercial use, ensuring continued growth and high demand. The community also features extensive trails and open spaces, enhancing its appeal and livability. A new bypass road, currently under construction, will further improve accessibility by connecting Tehaleh to Hwy 162, bypassing Hwy 410. With over 3,552 homes already sold and 213 homes sold year-to-date, this property offers immediate access to a substantial existing customer base and a strong foundation for future success. The property is zoned for retail, restaurant, and land use. This is an exceptional opportunity to capitalize on the explosive growth of this dynamic community.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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