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$215,000 -$20,000 (-8.51%) Price Reduced

  • For Sale
  • Active
  • Business
  • Updated 1 hour ago

Listed by Scott Horan | John L. Scott R.E. Lake Tapps | (253) 863-4406

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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 rectangular-shaped and mostly level, totaling 54,693 square feet (1.25 Acres). 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 of both deposits is $1,112.44 per month. Current List Price is $30,000 less than $265,000, as per the MAI Appraisal dated 7/14/24. Appraisal of the subject property is available to brokers in supplements and electronically available to other interested parties upon request. Cap Rate 5.56%.

Full Property Details for 4203 218th Ave E

General

  • Price: $215,000
  • Taxes: $277 (2025)
  • Status: Active
  • Type: Business
  • Source: NWMLS
  • MLS ID: 2406916
  • Updated: 2/20/2026
  • Added to Site: 220 day(s) ago

Location

  • Area: 109 - Lake Tapps/Bonney Lake
  • County: Pierce
  • Subdivision: Lake Tapps
  • Driving 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.

Structural Information

  • Structure Type: Unspecified

Lot Features

  • Lot Size (Acres): 1.2556
  • Lot Size (Sq. Ft.): 54,693
  • Lot Size Source: Surveyor's Map
  • Lot Dimensions: See Surveyor E x hibit in Supplements
  • Topography: Level
  • Trees/Vegetation: Wooded
  • Zoning: See Remarks

Financial Considerations

  • Tax Amount: $277
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: See Remarks
  • Property ID: 520143028
  • Block: See Exhibit A Legal Description
  • Lot Number: See Exhibit A Legal Description

Listed by Scott Horan | John L. Scott R.E. Lake Tapps | (253) 863-4406

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Schools serving 4203 218th Ave E

School District:Dieringer School District
NameGradesDistance
Dieringer Heights Elementary School
21727 34th Street East, Lake Tapps, WA 98391
PK-0.5 mi
Lake Tapps Elementary School
1320 178th Avenue East, Lake Tapps, WA 98391
1-33 mi
North Tapps Middle School
20029 12th Street East, Lake Tapps, WA 98391
6-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4203 218th Ave E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$215,000
-8.51%
MLS
12/24/2025
Price Reduced
$235,000
-11.32%
MLS
7/15/2025
Listed
$265,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4203 218th Ave E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$277
—
$11,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Scott Horan | John L. Scott R.E. Lake Tapps | (253) 863-4406

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4203 218th Avenue E, Lake Tapps, WA 98391 (MLS# 2406916) is a Business property. 4203 218th Avenue E is currently listed for $215,000 and was received on July 15, 2025. Want to learn more about 4203 218th Avenue E? Do you have questions about finding other Business real estate for sale in Lake Tapps? You can browse all Lake Tapps real estate or contact a Coldwell Banker agent to request more information.

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