8412 Myers Rd E Bonney Lake, WA 98391
Property profile & analytics
8412 Myers Rd E Bonney Lake, WA 98391
- Office Spaces
- 16,104 SF
- 2.13 lot acres
Property ID
US90-0519031
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.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 8412 Myers Rd E
- Year built
- 2001
- Construction
- WOOD FRAME
- Lot size
- 2.13 lot acres
- Property size
- 16,104 SF
- Zone code
- C2
- Property type
- Office Spaces
- APN
- 520325027
- APU
- 520325027
Description
This exceptional three-story, 16,104 square foot office building presents a compelling investment opportunity. Located at 8412 Myers Rd E, Bonney Lake, WA 98391, this Class C property boasts 9 individual office/medical suites totaling 14,627 net rentable square feet. Built in 2001 and renovated in 2007, the building sits on a 2.13-acre lot and offers 48 parking spaces. The property's strategic location along Highway 410 ensures high visibility and accessibility, benefiting from significant traffic counts. Its central location serves the growing communities of Bonney Lake, Sumner, Puyallup, Lake Tapps, and Auburn. Currently operating as a multi-tenant property with a NNN lease type, this asset offers a 5.78% cap rate and a price per square foot of $232.86. The asking price is $3,750,000. The property is zoned CG, providing flexibility for future development or expansion. This presents an ideal opportunity for owner-users seeking to establish a presence in a thriving market or for investors looking for a value-add property with significant rental income potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,190,000
- 6.5%
- $2,945,000
- 7%
- $2,735,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,779,000
Market price range: $1.02M - $3.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bonney Lake
- County
- Pierce
- State
- Washington
- Longitude
- -122.19
- Latitude
- 47.18
- 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
$40,200
$1,246,700
$2,714,100
$3,960,800
-
$1,246,700
$2,714,100
$3,960,800
