The property is a suburban office building with 4,408 square feet of space distributed across two floors. It is located near downtown Puyallup and provides quick access to Highways 512 and 167. The interior layout is flexible, suitable for a variety of office configurations, and the site includes abundant on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$8k

Tax billed · 2024

Assessed value$681k

Assessed land$325k

Assessed improvement$356k

Effective rate1.17%

Value estimate

· Oct 2026

$320k

$288k – $352k

Submarket $/SF estimate$479k

NOI build-up

Gross scheduled income$123k

Vacancy & credit loss−$17k

Operating expenses−$42k

NOI · 5.35% cap applied$64k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$437/SF

ZIP average, outlier-cleaned · 19 recorded sales of this use type

Observed band · Q1–Q3$142 – $933

Qualifying comparables5

Cap rate analysis

How does the asset earn?

5.35%

$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

CG General Commercial Zone. The CG zone is intended to provide for retailing and other commercial services that serve the large market ar...

General categoryCOMMERCIAL

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: Garden Center

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Garden Center11.2

Storage Facility11.2

Hotel & Motel11.1

126 15Th St SE Puyallup, WA 98372

County assessor Recorded deeds · 10 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby

Address Sale price Sold Size

10403 8th E, Edgewood, WA 98372-1129 $500,000 Mar 2025 2,832 SF

1004 Main, Puyallup, WA 98372-3199 $200,000 Nov 2024 2,564 SF

319 3rd SE, Puyallup, WA 98372-3203 $435,000 Oct 2024 2,112 SF

1409 2nd SE, Puyallup, WA 98372-3706 $997,000 Sep 2023 1,999 SF

719 Main, Puyallup, WA 98372-3306 $775,000 Mar 2023 2,600 SF

210 23rd SE, Puyallup, WA 98372-4118 $1,071,786 Oct 2022 2,313 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$590,000

3,200 SF

118 23rd SE St

OFFICE (GENERAL)

118 23rd SE St, Puyallup, WA 98372-4116

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Value Estimation
$395,000

1,710 SF

629 2nd SE St

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629 2nd SE St, Puyallup, WA 98372-3215

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Value Estimation
$485,000

3,512 SF

1004 Main D Ste D

OFFICE (GENERAL)

1004 Main D Ste D, Puyallup, WA 98372-3199

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Value Estimation
$520,000

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120 2nd NE St

OFFICE (GENERAL)

120 2nd NE St, Puyallup, WA 98372-3026

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Value Estimation
$680,000

4,014 SF

2732 Main

MEDICAL BUILDING

2732 Main, Puyallup, WA 98372-3164

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Value Estimation
$705,000

4,028 SF

2728 Main

MEDICAL BUILDING

2728 Main, Puyallup, WA 98372-3198

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126 15Th St SE Puyallup, WA 98372

Property summary