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Financial
Distress signals
Property profile

919 N Levee Rd Puyallup, WA 98371

FOR LEASE
Other warehouses
Property ID
US90-2633057
61,900 SF 3 ac lot Built 2007
Last sale Apr 2019 · $10,838,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
919 N Levee Rd, Puyallup, WA 98371 For Lease
Contact for pricing 65,119 SF available
919 N Levee Rd, Puyallup, WA 98371
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Property summary

AI-generated overview

919 N Levee is a 65,119-square-foot Class A industrial facility designed for distribution and manufacturing use. The building offers 24-foot clear height, 10 dock-high doors, and two grade-level doors, and is protected by an ESFR sprinkler system. It is equipped with 2,000 amps of 3-phase power and features upgraded lighting, with an upgraded concrete slab intended to support heavy operational use; radiant heat is also included. The site includes gated yard space for controlled outdoor staging.…

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?
$84k
Tax billed · 2024
Assessed value$8.30M
Assessed land$2.71M
Assessed improvement$5.59M
Effective rate1.01%

Value estimate

· Oct 2026
$6.28M
$5.65M – $6.91M
NOI build-up
Gross scheduled income$1.02M
Vacancy & credit loss−$80k
Operating expenses−$281k
NOI · 69,672,659.57% cap applied$655k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$253/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$117 – $374
Qualifying comparables6

Cap rate analysis

How does the asset earn?
69,672,659.57%
$655k 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?
ML
Industrial (ML) design standards. § 20.26.500 Zone transition standards. Chapter 20.28 OP PROFESSIONAL OFFICE ZONE § 20.28.001 OP zone. §...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.0
Dental Office21.9
Law Firm18.0

Location

919 N Levee Rd Puyallup, WA 98371
County assessor Recorded deeds · 7 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1039 Vly NW, Puyallup, WA 98371-2515 $10,000,000 Oct 2024 48,000 SF
2606 16th NW, Edgewood, WA 98371-3773 $10,900,000 Sep 2024 170,592 SF
239 Stewart, Puyallup, WA 98371-4304 $2,050,000 Jan 2021 23,440 SF
917 Vly NW, Puyallup, WA 98371-2528 $6,725,000 Dec 2019 37,500 SF
2810 Meridian E, Edgewood, WA 98371-2109 $1,541,385 Sep 2019 13,348 SF
901 Levee, Puyallup, WA 98371-3220 $16,262,000 Apr 2019 93,000 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
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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