Financial
Distress signals
Property profile

9817 233rd E Ave Bonney Lake, WA 98391

OFF-MARKET
Other warehouses
Property ID
US90-2808149
87,458 SF 5.1 ac lot Built 2020
Last sale Jan 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Fennel Creek II is a Class-A industrial warehouse constructed in 2020 and configured for distribution, manufacturing, or logistics use. The facility provides approximately 30-foot clear height, nine dock-high loading doors, and five grade-level doors, supported by ESFR sprinkler protection and quality concrete construction. The building includes about 5,056 square feet of office space and has an electrical service capacity of approximately 3,000 amps. The site is fully fenced and secured, and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$144k
Tax billed · 2024
Assessed value$14.72M
Assessed land$1.86M
Assessed improvement$12.86M
Effective rate0.98%

Value estimate

· Sep 2026
$11.06M
$9.95M – $12.16M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
County average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$138 – $610
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Building Supply12.7
Law Firm11.9

Location

9817 233rd E Ave Bonney Lake, WA 98391-3000
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8413 Myers E, Bonney Lake, WA 98391-7043 $3,886,176 Mar 2025 5,940 SF
22203 100th E, Bonney Lake, WA 98391-5007 $18,318,820 Apr 2024 32,500 SF
9713 233rd E, Bonney Lake, WA 98391-3121 $40,986,286 Jan 2024 188,677 SF
14815 170th E, Bonney Lake, WA 98391-8370 $825,000 Apr 2021 No data
1321 Ctr, Bonney Lake, WA 98391 $620,000 Sep 2020 5,169 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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