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Property profile & analytics
OFF-MARKET
Retail space
8720 Main E St Bonney Lake, WA 98391-8984
Entity Owned
31-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0767717
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
WOOD FRAME
Total area
2,068 SF
Lot
0.21 ac (9,310 SF)
Zoning code
DC
APN
5640001402
UPID
US90-0767717
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bonney Lake City · 31 yrs held
Bonney Lake City
since 1995
1 recorded transaction
Zoning & alternative use
DC · Bonney Lake, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Wireless communications facilities in C-2, C-3, combined C-2/C-3, M-1, public facilities, DC and DM zones. § 18.50.012 Design criteria. § 18.50.013 Other permits required. § 18.50.014 Inspection requirements. § 18.50.015 Landscaping/screening.
Zone name
Downtown Core District
General category
COMMERCIAL
Zone area
11.89 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bonney Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonney Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11
Tax year 2024
Assessed value
$463,400
Assessed 2024
Previous assessed
$463,400
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$241,900
Assessed improvement
$221,500
Land market value
$241,900
Improvement market value
$221,500
Total market value
$463,400
Applied tax rate
35.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,068 SF
Lot
0.21 ac (9,310 SF)
Zoning code
DC
APN
5640001402
UPID
US90-0767717
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Bonney Lake, WAZoning DC · permitted uses
DC · Bonney Lake, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Wireless communications facilities in C-2, C-3, combined C-2/C-3, M-1, public facilities, DC and DM zones. § 18.50.012 Design criteria. § 18.50.013 Other permits required. § 18.50.014 Inspection requirements. § 18.50.015 Landscaping/screening.
Zone name
Downtown Core District
General category
COMMERCIAL
Zone area
11.89 ac
Building & site characteristics
From public records
Year built
1983
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Bonney Lake City
Entity
Free & Clear · 31 yrs held
Mailing address
9002 MAIN ST E STE #250, BONNEY LAKE, WA 98391-9211
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 1995
$220,000
Bonney Lake City
Seattle-first National Bank
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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