Financial
Distress signals
Property profile

10317 122Nd St E Puyallup, WA 98374

FOR LEASE
Medical Office Space
Property ID
US90-1335390
7,814 SF 1.07 ac lot Built 1986
Last sale Jan 2007 · $1,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
10317 122Nd St E, Puyallup, WA 98374 For Lease
Contact for pricing 3,000 SF available
10317 122Nd St E, Puyallup, WA 98374
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Property summary

AI-generated overview

A 7,800 sq. ft., single-story building located in Puyallup’s South Hill. The interior layout is configured for healthcare and professional uses, including multiple exam rooms, private offices, reception and waiting areas, and flexible treatment or service spaces. The property sits on a high-visibility corridor with accessible ingress/egress and includes ample on-site parking. Zoning supports medical and dental use, and the site includes infrastructure consistent with healthcare operations.

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?
$20k
Tax billed · 2024
Assessed value$1.59M
Assessed land$1.17M
Assessed improvement$429k
Effective rate1.23%

Value estimate

· Sep 2026
$1.10M
$990k – $1.21M
Submarket $/SF estimate$1.48M
NOI build-up
Gross scheduled income$66k
Vacancy & credit loss−$9k
Operating expenses−$14k
NOI · 236,072.22% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$275/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$173 – $395

Cap rate analysis

How does the asset earn?
236,072.22%
$42k 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?
CC
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Parking Facility12.6
Electrical Service10.8

Location

10317 122Nd St E Puyallup, WA 98374
County assessor Recorded deeds · 8 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3908 10th SE, Puyallup, WA 98374-2188 $6,479,700 Aug 2024 11,348 SF
3912 10th SE, Puyallup, WA 98374-2188 $6,479,700 Aug 2024 5,500 SF
3801 5th SE, Puyallup, WA 98374-2106 $24,452,000 Jul 2021 31,919 SF
3909 10th SE, Puyallup, WA 98374-2189 $1,000,000 Oct 2020 4,371 SF
4202 10th SE, Puyallup, WA 98374-2191 $1,225,000 Jan 2019 2,906 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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