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4203 218th Avenue E Lake Tapps, WA $ 265,000
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$ 265,000 Get more info
4203 218th Avenue E
$ 265,000
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4203 218th Avenue E

Lake Tapps, WA, 98391
$ 265,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,653

Listed by John L. Scott R.E. Lake Tapps
4203 218th Avenue E, Lake Tapps, WA 98391 - Image 1
4203 218th Avenue E, Lake Tapps, WA 98391 - Image 2

Commercial Property for sale in Lake Tapps, WA

for $265,000. The lot size is 1.2556.

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.

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Commercial Active

Price

$ 265,000

Property Type

Commercial

Taxes

$ 277

Style

Business Opp.

Lot Size

1.2556

Town/City

Lake Tapps

County/Region

Pierce

MLS | Web ID

2406916
Features
General
Living Area 0
Possession Closing See Remarks Subject to Tenant Rights
HOA Fee 0
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Pierce
Net Operating Income 13072
Insurance Expense 0
Property Type Commercial Sale
HOA N
Subdivision Name Lake Tapps
Possible Use See Remarks
Special Listing Conditions See Remarks
Status Active
Directions GPS 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.
City Lake Tapps
Senior Community Y/N N
Zoning Description See Remarks
Number Of Units Total 2
MLS Area 109 - Lake Tapps/Bonney Lake
Lot Size Units Square Feet
Lot Size Square Feet 54693
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 277
Electric Expense 0
Fuel Expense 0
Public Remarks 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 totali
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Bonney Lake
Total Actual Rent 1113
Water Sewer Garbage 0
Property Style 62 - Business Opp.
Cap Rate 4.93
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Exterior
Vegetation Wooded
Total Parking 0
Building Area Total 0
Lot Dimensions See Surveyor Exhibit in Supplements
Lot Size Acres 1.2556
Irrigation Water Rights Y/N N
Site Frontage 160
Lot Number See Exhibit A Legal Description
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2406916
Street Number 1 4203
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* Excluded Features
List By
Scott Horan

Listing Agent

John L. Scott R.E. Lake Tapps

Broker

Affordability Calculator

$1,676
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,653
Monthly Property Taxes
$23
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/16/2025$265,000 Listed Price

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4203 218th Avenue E, Lake Tapps, WA, 98391 is a Commercial Property for sale at $265,000 with a lot size of 1.2556. The property's zip code is 98391 which is in Lake Tapps, WA

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