18404-18414 Veterans Memorial Dr Bonney Lake, WA 98391
This exceptional 58,901 square foot property, located at 18404-18414 Veterans Memorial Dr E, Bonney Lake, WA 98391, presents a remarkable development opportunity. Situated in Pierce County, this land boasts over 200 feet of frontage and is zoned DM (Downtown Mix), offering unparalleled versatility. All utilities are readily available, ensuring a seamless development process. The DM zoning allows for a wide range of uses, including, but not limited to, medical facilities, assisted living facilities, residential apartments, office buildings, retail spaces, and restaurants. The property's high visibility and convenient location make it an ideal investment for developers seeking to capitalize on a thriving market. With its substantial size and flexible zoning, this site is perfectly positioned for a variety of projects, promising significant returns. The asking price for this prime development land is $750,000. Don't miss this chance to acquire a truly exceptional property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.