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.
Listing Provided Courtesy of Scott Horan, John L. Scott R.E. Lake Tapps
General Information
NWM2406916
Commercial Industrial
55
DOM
1.26 acres
0
See Rem
Pierce
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Scott Horan, John L. Scott R.E. Lake Tapps
Krishna Realty data last checked: Jul 17, 2025 09:24 | Listing last modified Jul 16, 2025 03:12,
Source:
Download our Mobile app
Residence Information
0
1067
62 - Business Opp.
Features and Utilities
0
Financial
277
Cash Out
07-15-2025
1113
Comparable Information
55
55
Cash Out
$265,000
$265,000
Jul 16, 2025 03:12
Schools
Map
Listing courtesy of John L. Scott R.E. Lake Tapps.
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.
