Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5816 186th E Ave Lake Tapps, WA 98391-6895

    • Apartment buildings
    • 3,400 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 14, 2025
    Location Intelligence
    Property ID
    US90-1383547
    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.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 5816 186th E Ave

    Year built
    1991
    Construction
    FRAME
    Lot size
    1.10 lot acres
    Property size
    3,400 SF
    Zone code
    RSV5
    Property type
    Apartment buildings
    APN
    520217110
    APU
    520217110

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Tapps
    County
    Pierce
    State
    Washington
    Longitude
    -122.182
    Latitude
    47.2045
    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
    $8,715
    $258,400
    $552,000
    $810,400
    -
    $258,400
    $552,000
    $810,400

    Comparable in this City

    • Value Estimation by Request
      3,040 SF

      8501 Locust E Ave

      APARTMENT HOUSE (5+ UNITS) • 3,040 SF
      8501 Locust E Ave, Bonney Lake, WA 98391-8755
      View Details
    • Value Estimation by Request
      23,223 SF

      22001 100th E St

      APARTMENT HOUSE (100+ UNITS) • 23,223 SF
      22001 100th E St, Bonney Lake, WA 98391-5002
      View Details
    • Value Estimation by Request
      3,656 SF

      5721 183rd E Ave, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 3,656 SF
      5721 183rd E Ave, Lake Tapps, WA 98391-8923
      View Details
    • Value Estimation
      $735,000
      3,400 SF

      5908 186th E Ave

      APARTMENT HOUSE (5+ UNITS) • 3,400 SF
      5908 186th E Ave, Lake Tapps, WA 98391-6897
      View Details
    • Value Estimation by Request
      7,495 SF

      7001 Tapps E Hwy

      APARTMENT HOUSE (100+ UNITS) • 7,495 SF
      7001 Tapps E Hwy, Bonney Lake, WA 98391-8888
      View Details
    • Value Estimation by Request
      3,712 SF

      8508 Main E St, Unit 8518

      APARTMENT HOUSE (5+ UNITS) • 3,712 SF
      8508 Main E St, Bonney Lake, WA 98391-9205
      View Details

    Similar Nearby for Sale

    • $950,000
      80,150 SF

      Bonney Lake Development Opportunity

      1.86-acre C2 zoned parcel with development options.
      21512 E Bonney Lake Blvd, Bonney Lake, WA 98391
      View Details
    • $750,000

      Bonney Lake Development Land

      Prime 1.35-acre development site
      18404-18414 Veterans Memorial Dr, Bonney Lake, WA 98391
      View Details
    • $349,950

      Residential Land with Lake Access

      Residential land in Bonney Lake with lake and mountain views.
      19506 56Th Street Ct, Bonney Lake, WA 98391
      View Details
    • $1,399,900
      236,444 SF

      5.42 Acres Zoned MSF Land

      5.42 acres of land zoned MSF with owner terms.
      19728 Forest Canyon Rd E, Sumner, WA 98391
      View Details
    • $1,350,000

      Bonney Lake Land For Sale

      Land available in Bonney Lake, Washington.
      19012 160Th St E, Bonney Lake, WA 98391
      View Details
    • $1,290,000

      Lake Tapps Island Opportunity

      Island opportunity on Lake Tapps with lake frontage and views.
      1 179Th Avenue Ct E, Sumner, WA 98391
      View Details

    Similar Nearby for Lease

    • $2,600 /Mo
      1,191 SF

      Move-in Ready Duplex Unit

      Well-maintained duplex with new flooring, fireplace, and fenced yard.
      5823 186Th Avenue Ct E, Sumner, WA 98391
      View Details
    • Contact for pricing
      216,243 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
      5,160 SF

      Bonney Lake Retail Space Available

      Retail space available for lease in Bonney Lake, WA.
      9903 205Th Ave E, Bonney Lake, WA 98391
      View Details
    • 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
    • $27 SF/Yr
      1,200 SF

      Retail Space in Bonney Lake

      Retail shop space with prominent highway visibility in Bonney Lake.
      9301 192Nd Ave E, Bonney Lake, WA 98391
      View Details
    • $3,500,000
      2,478 SF

      Highway 410 Professional Plaza

      Office/medical suites in Bonney Lake, high-traffic location.
      8412 Myers Rd 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.
    5816 186th E Ave
    Lake Tapps, WA 98391-6895
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.