Lake Tapps, WA 98391 4203 218th Avenue E
$265,000
Presented By: John L. Scott R.E. Lake Tapps and NWMLS
- MLS# 2406916
- 07/15/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
The Subject property is located along the easterly side of 218th Ave. E, and south of 40th St. E. near Lake Tapps. The subject property is primarily a rectangular-shaped but mostly level parcel totaling 54,693 square feet, or 1.25 Acres. The current zoning is R-10, but the site is currently used as a permitted Cellular Communications Site. Seller (Lessor) receives two (2) separate automatic monthly deposits from SBA Communications & T-Mobile; the total amount for both is $1,112.44 per month. Listed Price of $265,000 is the amount the subject property was appraised for on July 14, 2024. $265,000 MAI Appraisal of subject property is available to brokers in supplements, and electronically available to other interested parties upon request.
Presented By: John L. Scott R.E. Lake Tapps and NWMLS
Interior Features for 4203 218th Avenue E
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 4203 218th Avenue E
Building Area UnitsSquare Feet
Cap Rate4.93
Carport Y/NNo
CityLake Tapps
CountyPierce
DirectionsGPS Navigation: 4203 218th Ave E Lake Tapps, WA 98391. Park in driveway area in front of cyclone fence surrounding 130′ tall Cellular Communications Tower and the equipment that supports cell tower.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
Insurance Expense
Listing TermsCash Out
Living Area UnitsSquare Feet
Lot Size Square Feet54693
Lot Size UnitsSquare Feet
MLS Area109 – Lake Tapps/Bonney Lake
ModificationTimestamp2025-07-16T03:13:10.537Z
NWM_ShowMapLinkY
Net Operating Income13072
Number Of Units Total2
PossessionClosing, See Remarks, Subject to Tenant Rights
Possible UseSee Remarks
Property Style62 – Business Opp.
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksThe Subject property is located along the easterly side of 218th Ave. E, and south of 40th St. E. near Lake Tapps. The subject property is primarily a rectangular-shaped but mostly level parcel totali
Senior Community Y/NNo
Special Listing ConditionsSee Remarks
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameLake Tapps
Tax Annual Amount277
Tax Year2025
TopographyLevel
Total Actual Rent1113
Water CompanyCity of Bonney Lake
Water Sewer Garbage0
Zoning DescriptionSee Remarks
Exterior for 4203 218th Avenue E
Building Area Total
Irrigation Water Rights Y/NNo
Lot DimensionsSee Surveyor Exhibit in Supplements
Lot NumberSee Exhibit A Legal Description
Lot Size Acres1.2556
Site Frontage160
Total Parking0
VegetationWooded
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®