Property profile

1247 Puyallup Ave Tacoma, WA 98421

OFF-MARKET
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Property ID
US90-0310839
46,343 SF 1.78 ac Built 1949
Last sale Aug 2026·$3,748,120
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial building totaling 46,343 square feet located on a 1.97-acre lot, with an additional 0.36-acre graveled lot included. It is zoned M-1 and includes a warehouse with six 10-foot bay doors and a loading dock. The fully fenced site provides parking for at least 23 vehicles. Interior spaces are configured with a retail/showroom area, warehouse storage, office spaces, a break room, a conference room, and an approximately 1,200-square-foot mezzanine. Documented improvements…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$2.33M
Assessed land$1.93M
Assessed improvement$401k
Effective rate1.11%

Value estimate

· Nov 2026
$1.28M
$1.15M – $1.40M
AI approach$1.71M
Submarket $/SF estimate$1.43M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$168/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$125 – $298

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
M-1: Light Industrial District The M -1 District is intended to serve as a buffer between heavier industrial areas and less intensive com...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.4
Law Firm9.3
Grocery Store9.1

Location

1247 Puyallup Ave Tacoma, WA 98421-2323
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1510 St Paul, Tacoma, WA 98421-2406 $19,510,000 Sep 2024 36,528 SF
2006 Portland, Tacoma, WA 98421-2712 $6,000,000 Mar 2024 21,740 SF
2330 Prt Of Tacoma, Tacoma, WA 98421-3606 $16,000,000 Nov 2023 86,600 SF
1129 St Paul, Tacoma, WA 98421-2404 $350,000 Mar 2021 13,596 SF
1301 26th, Tacoma, WA 98421-2309 $84,400 Jan 2021 13,225 SF
2021 Marc, Tacoma, WA 98421-2945 $7,200,000 Nov 2020 18,034 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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