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Property profile & analytics
FOR SALE
Retail space
10120 128Th Street Ct E Puyallup, WA 98373
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1701095
No photos on file
For Sale
$2,250,000
10120 128Th Street Ct E, Puyallup, WA 98373
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
WOOD FRAME
Total area
5,372 SF
Lot
0.77 ac (33,401 SF)
Zoning code
MUD
APN
419165014
UPID
US90-1701095
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.44M
Owner & transaction history
Green Thump LLC · 6 yrs held
Green Thump LLC
since 2020
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
MUD · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+37.1%
Auto repair, garage
$2.1M
+24.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Puyallup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Puyallup submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,850,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,670,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,290,000
Change: +37% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,070,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,565,000
Change: -6% · Conversion: Easy
MEDICAL BUILDING
$1,475,000
Change: -12% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,360,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.37M (Jan 31 2020)
Last sale anchor
$1.37M
Jan 31 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$267 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,925
Tax year 2024
Assessed value
$1,334,400
Assessed 2024
Previous assessed
$1,334,400
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,110,100
Assessed improvement
$224,300
Land market value
$1,110,100
Improvement market value
$224,300
Total market value
$1,334,400
Applied tax rate
195.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Units
3
Total area
5,372 SF
Lot
0.77 ac (33,401 SF)
Zoning code
MUD
APN
419165014
UPID
US90-1701095
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MUD · Puyallup, WA
Zoning MUD · permitted uses
MUD · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Puyallup. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
3
Lot
0.77 ac
Current owner
From public records · entity-resolved
Green Thump LLC
Entity
Mailing address
17207 SE 46TH ST, BELLEVUE, WA 98006-6525
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2020
$1,370,000
Green Thump LLC
Green Thumb Indoor Garden Supply Ll
Warranty Deed
$1,027,500 · Us Bank NA
Mar 26, 2014
$1,094,719
Green Thumb Indoor Garden Supply Ll
Rl & L Investments LLC
Warranty Deed
$821,250 · Us Bank NA
May 18, 2005
$950,000
R L & L Investments LLC
Butler,daniel J & Penny A
Warranty Deed
$760,000 · Banner Bank
Jan 27, 2004
—
Washington State
Butler,daniel J & Penny A
Grant Deed
related
—
Aug 5, 1994
$425,000
Daniel J Butler
128th Street Ass
Grant Deed
$380,000 · Centennial Bank
—
—
Daniel J Butler
—
Deed Of Trust
related
$26,000 · Keller Supply INC
—
—
Daniel J Butler
—
Deed Of Trust
related
$20,000 · Keller Supply Co INC
—
—
Daniel J Butler
—
Deed Of Trust
related
$50,000 · Keller Supply Co INC
—
—
Daniel J Butler
—
Deed Of Trust
related
$90,000 · Keller Supply Co INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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