This flex-style commercial building includes office space with open rooms and vaulted ceilings, a sitting area, a large warehouse, and additional storage areas. The interior configuration also includes a washroom and a side window located adjacent to the parking area, previously used for drive-up service. The property is located at 111 E Stewart Ave in downtown Puyallup and includes an adjoining off-street parking lot with 13 spaces, providing on-site access for day-to-day operations that may combine office and warehouse/storage uses.

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?

$6k

Tax billed · 2024

Assessed value$415k

Assessed land$164k

Assessed improvement$252k

Effective rate1.35%

Value estimate

· Oct 2026

$540k

$486k – $594k

AI approach$530k

Submarket $/SF estimate$514k

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

Recently sold

What actually traded nearby?

$245/SF

Submarket average, outlier-cleaned · 42 recorded sales of this use type

Observed band · Q1–Q3$135 – $347

Qualifying comparables5

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?

CBD-CORE

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: Smoke and Vape Shop

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

Demand index

Smoke and Vape Shop10.2

Carpet & Flooring Store9.3

Computer & Electronic Repair9.2

111 Stewart Tacoma, WA 98409

County assessor Recorded deeds · 3 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 · 18 properties nearby

Address Sale price Sold Size

4545 Un, Tacoma, WA 98409-4532 $765,000 Oct 2023 6,487 SF

5608 Durango, Tacoma, WA 98409-2621 $1,539,432 Jun 2023 7,164 SF

3730 Pne, Tacoma, WA 98409-5707 $1,225,000 Dec 2019 4,800 SF

2914 Alder, Tacoma, WA 98409-4819 $1,500,000 Aug 2019 6,243 SF

3322 Un, Tacoma, WA 98409-3138 $400,000 Jul 2019 2,694 SF

4042 Pne, Tacoma, WA 98409-5612 $745,000 Mar 2019 2,090 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
$505,000

3,536 SF

5319 Tacoma Mall Blvd

MEDICAL BUILDING

5319 Tacoma Mall Blvd, Tacoma, WA 98409-7072

View Details
Value Estimation
$610,000

3,456 SF

5624 Durango St

MEDICAL BUILDING

5624 Durango St, Tacoma, WA 98409-2621

View Details
Value Estimation
$630,000

3,098 SF

10016 156th E St

MEDICAL BUILDING

10016 156th E St, Tacoma, WA 98409

View Details
Value Estimation
$800,000

4,769 SF

3712 Cedar St

MEDICAL BUILDING

3712 Cedar St, Tacoma, WA 98409-5715

View Details
Value Estimation
$820,000

4,800 SF

3730 Pne St

MEDICAL BUILDING

3730 Pne St, Tacoma, WA 98409-5707

View Details
Value Estimation
$585,000

2,696 SF

4707 Junett St

MEDICAL BUILDING

4707 Junett St, Tacoma, WA 98409-6480

View Details

Similar in This City for Sale

New

$1,200,000

3,096 SF

Medical Office Building with Sauna

3,096 SF medical office building with 8+ offices, multiple treatment rooms, lab space, and a sauna.

223 K, Tacoma, WA 98403

View Details
$2,250,000

6,830 SF

Two-Story Medical Office Building

Occupied TC-zoned property with two medical tenants and convenient access to SR 16 and I-5.

Tacoma, WA 98466

View Details
New

$1,499,000

7,516 SF

Two-Story Office Building

Flexible floor plan includes private offices, break areas, and on-site surface parking.

5909 Orchard, Tacoma, WA 98467

View Details
New

$489,630

1,718 SF

Medical Office Building For Sale

Single-tenant medical office with four operatories and upgraded signage.

14818 Pacific Ave S, Tacoma, WA 98444

View Details
Contact for pricing
9,296 SF

Two-Story Medical Office Building

Multi-tenant two-story office building with five suites, including three currently available spaces.

1720 S 72nd St, Tacoma, WA 98408

View Details
Contact for pricing
14,400 SF

Lakewood Medical Office Complex

Well-maintained medical complex in a desirable location.

9101 Bridgeport Way SW, Tacoma, WA 98499

View Details

Similar in This City for Lease

New

Contact for pricing
3,500 sqft

Three-Story Medical Office Building

Three-story medical building with versatile floor plates, a fully renovated first floor, and an adjacent 72-stall parking lot.

502 S M St, Tacoma, WA 98405

View Details
Contact for pricing
3,283 sqft

Medical Office Building Suites

Class A medical office building with renovated common areas and suites available from 1,206 to 2,082 SF.

1901 S Union Ave, Tacoma, WA 98405

View Details
Contact for pricing
2,548 sqft

Chiropractic Office Suite

Second-floor suite with 7 rooms, two restrooms, a large open area, and a waiting/reception setup.

1720 S 72nd St, Tacoma, WA 98408

View Details
New

Contact for pricing
2,107 sqft

Former Tanning Salon Retail Space

Retail space suitable for medical or other businesses.

208-212 Garfield St S, Tacoma, WA

View Details
Contact for pricing
7,516 sqft

Owner-User Office Suite

Office space positioned along Orchard Street with a layout suited to coworking, clinics, and professional services.

5909 Orchard St W, Tacoma, WA 98467

View Details
Contact for pricing
1,846 sqft

Medical Office or Studio Space

Commercial office unit in The Bridge features high ceilings, exposed walls, tall columns, and new lighting, with a private entrance.

744 Market St, Tacoma, WA 98402

View Details