Financial
Distress signals
Property profile

1247 Puyallup Ave Tacoma, WA 98421

OFF-MARKET
Flex space
Property ID
US90-0310839
46,343 SF 1.78 ac lot Built 1949
Last sale Nov 1999 · $1,745,098
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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.

Mortgages

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

Value estimate

· Sep 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 · 3 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 · 16 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
2021 Marc, Tacoma, WA 98421-2945 $7,200,000 Nov 2020 18,034 SF
1815 D, Tacoma, WA 98421-1505 $7,150,000 Sep 2018 68,300 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1247 Puyallup Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message