14140 Canyon View BlvdBonney Lake, WA 98391

  • Commercial land
  • 1.00 AC

Property Details for 14140 Canyon View Blvd

Lot size
1.00 AC
Property type
Commercial land
APN
519168010
APU
519168010

Description

This exceptional 2-acre commercial lot in Bonney Lake, WA, presents a unique investment opportunity within the thriving Tehaleh master-planned community. Currently home to over 10,000 residents, Tehaleh is projected to grow to approximately 30,000 residents within the next 10-15 years, with 9,700 homes planned. This site is the only retail development within Tehaleh, offering unparalleled access to a substantial and rapidly expanding consumer base. Successful existing tenants include 7-Eleven, Wendy's, Ossman Dental, and a soon-to-open Kiddie Academy, all demonstrating strong performance and exceeding initial projections. The property's location at 14140 Canyon View Blvd E, 98391, provides excellent visibility and accessibility. Furthermore, a new bypass road currently under construction will significantly improve connectivity to Hwy-162, further enhancing the site's appeal and accessibility. This presents a rare chance to establish a business in a high-growth area with a built-in customer base and strong future potential. The property is zoned for retail, restaurant, and land use, offering flexibility for various commercial ventures. With over 3,500 homes already sold and 213 homes sold year-to-date, this is a prime location for significant return on investment. Don't miss this opportunity to be part of Tehaleh's continued success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,450,274
    Hospitality
    $12,320,379
    Educational
    $10,250,411
    Medical
    $10,602,938
    Retail
    $15,945,083

Location Insight

City
Sumner
County
Pierce
State
Washington
Latitude
47.1288
Longitude
-122.175
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
$9,827
$1,048,300
-
$1,048,300
-
$1,048,300
-
$1,048,300

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