1512 Pioneer Way Puyallup, WA 98372
This exceptional retail property, located at 1512 Pioneer Wy E in Puyallup, WA 98372, presents a compelling investment opportunity. The 6,652 square foot building sits on a 0.35-acre lot (APN: 784500-0270, 784500-0290, 784500-0310) and boasts three units within a single-story structure built in 1942. Currently zoned OP (Professional Office), this versatile property allows for a range of uses, including professional offices, medical, dental, and service businesses. Its strategic location at the "T" intersection of East Pioneer and 15th Street SE ensures high visibility and accessibility. The property benefits from its position on a major thoroughfare, providing convenient access to other parts of Puyallup and easy commutes via Highway 512 and I-5 to Tacoma and Seattle. The surrounding area offers a desirable mix of residential and commercial developments. Current tenants are on month-to-month leases, presenting an ideal opportunity for owner-occupancy. The asking price is $1,397,000. A former hair salon space may be available for lease
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.