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    Property profile & analytics

    9550 195th E Ave Bonney Lake, WA 98391-5969

    • Hospitals
    • 9,755 SF
    • 1.93 lot acres
    OFF-MARKET
    Value Estimations
    $2,035,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-2867929
    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

    • Hospitals

    Property Details for 9550 195th E Ave

    Year built
    2019
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.93 lot acres
    Property size
    9,755 SF
    Property type
    Hospitals
    APN
    2925000590
    APU
    2925000590

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,305,000
      6.5%
      $2,130,000
      7%
      $1,975,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,729,000
      Market price range: $474k - $1.73M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,680,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,045,000
      Change: +14% Conversion: Moderate
      RETAIL STORES
      $2,985,000
      Change: +12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.168
    Latitude
    47.1705
    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
    $12
    $2,731,000
    $3,923,600
    $6,654,600
    -
    $2,731,000
    $3,923,600
    $6,654,600

    Comparable in this City

    • Value Estimation by Request
      90,798 SF

      21107 Wa-410

      Neighborhood centers • 90,798 SF
      21107 Wa-410, Bonney Lake, WA 98391
      View Details
    • Value Estimation
      $1,035,000
      0.96 Acres

      19034 141st St E Ct

      DENTAL BUILDING • 0.96 Acres
      19034 141st St E Ct, Sumner, WA 98391-9288
      View Details
    • Value Estimation
      $1,630,000
      3,214 SF

      18320 State Rte 410th E

      MEDICAL BUILDING • 3,214 SF
      18320 State Rte 410th E, Bonney Lake, WA 98391-8787
      View Details
    • Value Estimation by Request
      32,586 SF

      18209 Wa-410

      Medical Office Space • 32,586 SF
      18209 Wa-410, Bonney Lake, WA 98391
      View Details
    • Value Estimation
      $1,250,000
      6,660 SF

      21515 State Rte 410th E

      MEDICAL BUILDING • 6,660 SF
      21515 State Rte 410th E, Bonney Lake, WA 98391-4100
      View Details
    • Value Estimation by Request
      2,540 SF

      3920 Tapps E Dr

      MEDICAL BUILDING • 2,540 SF
      3920 Tapps E Dr, Lake Tapps, WA 98391-9176
      View Details

    Similar Nearby for Sale

    • $3,500,000
      14,627 SF

      Highway 410 Office/Medical Suites

      Office/medical suites on 2.13 acres in growing community.
      8412 E Bonney Lake Blvd, Bonney Lake, WA 98391
      View Details
    • $3,750,000
      16,104 SF

      Lakes Place Professional Plaza

      Prime Bonney Lake Office Complex
      8412 Myers Rd, Bonney Lake, WA 98391
      View Details
    • $1,100,000

      Undeveloped Land in Growing Area

      Under 5 acres of land in rapidly developing Tehaleh.
      18415 170Th St E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      Lake Tapps Island Opportunity

      Island opportunity on Lake Tapps with lake frontage and views.
      1 179Th Avenue Ct E, Sumner, WA 98391
      View Details
    • $150,000

      Residential Building Lot For Sale

      Close-in residential building lot suitable for investment or construction.
      12721 213Th Avenue Ct, Bonney Lake, WA 98391
      View Details
    • $598,950

      Bonney Lake Commercial/Industrial Land Parcel

      1.25 AC commercial/light industrial land near Highway 410.
      221St Ave E, Bonney Lake, WA 98391
      View Details

    Similar Nearby for Lease

    • $7,605 /Mo
      2,852 SF

      Retail Space on Busy Highway

      Retail space with high visibility, easy access, ample parking.
      20840 Highway 410 E, Bonney Lake, 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
    • $4,337 /Mo
      2,478 SF

      Bonney Lake Professional Office Suites

      Office/medical suites available for lease in Bonney Lake, WA.
      8412 Myers Rd 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
    • $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
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    9550 195th E Ave
    Bonney Lake, WA 98391-5969
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    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
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