Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20805 State Rte 410th E Bonney Lake, WA 98391-6301
    Back to Search
    Property profile & analytics

    20805 State Rte 410th E, Bonney Lake, WA 98391-6301

    View on Map
    • Turn key restaurants
    • 3,909 SF
    • 0.79 lot acres
    Off-Market
    Property ID
    US90-1494105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 20805 State Rte 410th E

    Year built
    1994
    Construction
    WOOD FRAME
    Lot size
    0.79 lot acres
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    7000340040
    APU
    7000340040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 1996 — Panos Properties LLC II Panos,steve & Harula Quit Claim Deed · related —
    Nov 21, 1994 $1,050,000 Steve Panos Sharis Management Corp Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $652,000
      Market price range: $370k - $1.21M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.152
    Latitude
    47.1677
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,675
    $1,110,400
    $568,800
    $1,679,200
    -
    $1,110,400
    $568,800
    $1,679,200

    Comparable in this City

    • Value Estimation by Request
      3,240 SF

      18701 Veterans Memorial E Dr

      RESTAURANT
      18701 Veterans Memorial E Dr, Bonney Lake, WA 98391-7184
      View Details
    • Value Estimation by Request
      352 SF

      21002 State Rte 410th E

      RESTAURANT
      21002 State Rte 410th E, Sumner, WA 98391-8364
      View Details
    • Value Estimation
      $705,000
      4,787 SF

      9430 192nd E Ave

      RESTAURANT
      9430 192nd E Ave, Bonney Lake, WA 98391-8564
      View Details
    • Value Estimation by Request
      1,960 SF

      54312 Sr 706th E

      RESTAURANT
      54312 Sr 706th E, Bonney Lake, WA 98391
      View Details
    • Value Estimation by Request
      364 SF

      192 4th St

      RESTAURANT
      192 4th St, Bonney Lake, WA 98391
      View Details
    • Value Estimation
      $825,000
      10,947 SF

      21616 State Rte 410th E

      RESTAURANT
      21616 State Rte 410th E, Bonney Lake, WA 98391-4102
      View Details

    Similar Nearby for Sale

    • 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
      2,313 SF

      Bonney Lake NNN Ground Lease

      Corporate leased Chipotle in Mountain View Marketplace, Bonney Lake.
      20416 98Th St 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 E, Bonney Lake, WA 98391
      View Details
    • $6,119,000

      Les Schwab in Bonney Lake

      Les Schwab Tire Center in rapidly growing Bonney Lake, WA.
      9911 214Th Ave E, Bonney Lake, WA 98391
      View Details
    • $1,150,000

      Versatile Mixed-Use Bonney Lake Property

      Mixed-use property in downtown Bonney Lake with office, retail, industrial potential.
      18525 Veterans Memorial Dr E, Bonney Lake, WA 98391
      View Details
    • $9,579,800

      New Retail Center For Sale

      New multi-tenant shopping center in rapidly growing Bonney Lake, WA.
      20502 98Th St E, Bonney Lake, WA 98391
      View Details

    Similar Nearby for Lease

    • $7,986 /Mo
      2,522 SF

      Retail Space with Drive-Thru Potential

      Endcap retail space available 7/1/2026, drive-thru potential.
      21107 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $5,733 /Mo
      1,911 SF

      Former Restaurant with Drive-Thru

      Former restaurant space with drive-thru and ample parking.
      20840 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      Retail Space in Bonney Lake

      Retail space with high visibility and easy access to SR-410.
      9805A 214Th Ave E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      1,566 SF

      Retail Space in Bonney Lake

      End-cap retail space in a high-traffic Bonney Lake location.
      9805-9807 214Th Ave E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      16,750 SF

      Retail Space with Highway Exposure

      Retail space with prominent signage and highway access.
      21302 Highway 410, Bonney Lake, WA 98391
      View Details
    • Contact for pricing
      1,911 SF

      Bonney Lake Retail Space Available

      Highly visible retail space on Highway 410 available for rent.
      20840-20870 Highway 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.
    20805 State Rte 410th E
    Bonney Lake, WA 98391-6301
    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
    20805 State Rte 410th E, 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!