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Property profile & analytics
OFF-MARKET
Turn key restaurants

109 Meridian Puyallup, WA 98371-5917

1,505 SF 0.05 ac lot Built 1910
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-1547942
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,505 SF
Lot 0.05 ac (2,239 SF)
Zoning code CBD-CORE
APN 7060000150
UPID US90-1547942
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
Current use
Occupant on record · Public records
  • Smile Solutions Dental Office
  • Pedraum Heydari Dental Office
  • TK Irish Pub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jason Pingrey · 2 yrs held
Jason Pingrey
since 2024
Last sale
$403,200
5 recorded transactions
2024
$403,200
2019
$340,000
2017
Price N/A
2011
$250,000
1991
$36,000
Zoning & alternative use
CBD-CORE · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Appropriate commercial uses in the CBD and CBD-Core zones are those that promote a pedestrian shopping environment that minimizes the dependency on the automobile and encourages the use of mass transit by clustering a mix of uses that are accessible on foot. Therefore, the following uses are prohibited in the CBD and CBD-Core zones and are identified using t…

Zone name Central Business District Core Zone
General category CIVIC_INSTITUTIONAL
Zone area 31.87 ac
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