Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    22719 Hwy 410 Bonney Lake, WA 98391
    Property profile & analytics

    22719 Hwy 410, Bonney Lake, WA 98391

    View on Map
    • Warehouses
    • 882,000 SF
    • 49.34 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 22719 Hwy 410

    Lot size
    49.34 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, known as Peak 410, presents a significant investment opportunity in Bonney Lake, Washington. Comprising five single-story buildings totaling 882,000 square feet, with a substantial 749,950 square feet of net rentable space, this warehouse complex is ideally suited for large-scale operations. The property boasts an impressive 148 dock-high doors, ensuring efficient loading and unloading capabilities. Ceiling heights range from 30 to 40 feet, providing ample vertical space for various storage and operational needs. Situated on a generous 49.34-acre lot, the property is zoned E, offering flexibility for a range of industrial uses. The property's address is 22719 - 22911 Hwy 410 E, Bonney Lake, WA 98391, within Pierce County. The property's Assessed Parcel Numbers (APNs) are 0519021001; 0519021043; 0519021060; 0519021061. This expansive warehouse complex offers significant potential for businesses requiring substantial space and efficient logistics. Its strategic location and impressive specifications make it a highly desirable asset in the thriving industrial market of Bonney Lake.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.127
    Latitude
    47.1675

    Comparable in this City

    • Value Estimation by Request
      216,243 SF

      14621 170Th Ave

      Distribution properties
      14621 170Th Ave, Bonney Lake, WA 98391
      View Details
    • Value Estimation by Request
      12,000 SF

      9901 219Th Avenue Ct

      Distribution properties
      9901 219Th Avenue Ct, Bonney Lake, WA 98391
      View Details
    • Value Estimation by Request
      134,313 SF

      22911 Wa-410

      Restaurants
      22911 Wa-410, Bonney Lake, WA 98391
      View Details
    • Value Estimation by Request
      882,000 SF

      22719 Wa-410

      Distribution properties
      22719 Wa-410, Bonney Lake, WA 98391
      View Details
    • Value Estimation by Request

      PEAK 410

      Industrial space available for lease
      22719 WASHINGTON 410 E, BONNEY LAKE, WA 98391, PIERCE COUNTY, BONNEY LAKE, WA 98391
      View Details
    • Value Estimation
      $4,935,000
      39,840 SF

      4516 176th E Ave

      WAREHOUSE, STORAGE
      4516 176th E Ave, Bonney Lake, WA 98391
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Bonney Lake Industrial Center

      New construction industrial and manufacturing space for sale or lease.
      Falling Water Blvd E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      369,024 SF

      Bonney Lake Warehouse Opportunity

      369,024 SF warehouse on 20.31 acres in Bonney Lake.
      Falling Water Blvd E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      130,151 SF

      Bonney Lake Industrial Project

      Class A industrial project in Bonney Lake, available Q2 2025.
      14621-14719 170Th Ave E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      2.7-Acre C3-Zoned Commercial Lot

      Development-ready site with approved plans in high-traffic commercial corridor.
      22512 State Route 410, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      2.7-Acre C3-Zoned Commercial Lot

      Development-ready site with approved plans in high-traffic commercial corridor.
      22512 State Route 410 E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      Tehaleh Industrial Park For Sale

      Class A industrial park with 130,151 SF and 5 AC yard.
      14621 170Th Ave E, Bonney Lake, WA 98391
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      216,243 SF

      Tall Firs Industrial Park: Bonney Lake

      Class A Flex/Warehouse Space Available
      14621 170Th Ave, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      86,092 SF

      Industrial Space in Tehaleh

      Class A industrial space available for rent in Bonney Lake.
      14621 170Th Ave E, Bonney Lake, WA 98391
      View Details
    • $67,728
      56,440 SF

      New Class A Industrial Condos

      New Class A industrial condos for lease or sale.
      9619 224Th Ave E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      80,000 SF

      Bonney Lake Industrial Space Available

      80,000 SF Class-A industrial space with modern amenities.
      22503 97Th St E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      Bonney Lake Industrial Property Lease

      Industrial properties available for lease in Bonney Lake, WA.
      14621 170Th Ave, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      159,865 SF

      Entitled Industrial Development Site

      3.67 AC industrial land for lease in Bonney Lake.
      22015 State Route 410 E, Bonney Lake, WA 98391
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22719 Hwy 410
    Bonney Lake, WA 98391
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    22719 Hwy 410, Bonney Lake, WA, 98391
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!