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    9713 233rd E Ave Bonney Lake, WA 98391-3121
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    Property profile & analytics

    9713 233rd E Ave, Bonney Lake, WA 98391-3121

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    • Warehouses
    • 188,677 SF
    • 10.33 lot acres
    Off-Market
    Last Sale Jan 31, 2024
    $40,986,286
    Property ID
    US90-2880397
    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
    $40,985,000
    Show details
    Cap Rate Potential
    5.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 9713 233rd E Ave

    Year built
    2019
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    10.33 lot acres
    Property type
    Warehouses
    APN
    519016019
    APU
    519016019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 31, 2024 $40,986,286 Michael Nelson Properties LLC Cascade Rcl LLC Warranty Deed $27.3M · Wells Fargo Bank NA
    Jan 17, 2023 — Olympic Rcl LLC — Deed · related $6.8M · Bank Of America NA
    Sep 30, 2021 — Cascade Rcl LLC — Deed · related $15M · Bank Of America NA
    Mar 27, 2020 — Cascade Rcl LLC — Deed · related $6M · Bank Of America
    Dec 21, 2018 — Olympic Rcl LLC Cascade Rcl LLC Quit Claim Deed · related —
    Feb 23, 2018 — Cascade Rcl LLC — Grant Deed · related $8.5M · Bank Of America
    May 25, 2016 $450,000 Cascade Rcl LLC Freehe Hazel E Trust Warranty Deed —
    May 22, 2013 $360,000 Freehe,hazel E Trust Hodgins R G & R F Trust Warranty Deed —
    — — Cascade Rcl LLC — Deed Of Trust · related $6M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $40,985,000
      ML approach
      $40,985,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $38,405,000
      6.5%
      $35,450,000
      7%
      $32,915,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $43,866,000
      Market price range: $26.0M - $115M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $56,300,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $58,890,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $57,775,000
      Change: +3% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.117
    Latitude
    47.1689
    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
    $300,695
    $3,338,000
    $27,473,700
    $30,811,700
    -
    $3,338,000
    $27,473,700
    $30,811,700
    More about this property
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