Property profile

109 Meridian Puyallup, WA 98371

OFF-MARKET
Retail space
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Property ID
US90-0310833
4,267 SF 0.23 ac Built 1923
Last sale Apr 2026·$573,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$1.02M
Assessed land$464k
Assessed improvement$559k
Effective rate1.12%

Value estimate

· Nov 2026
$1.27M
$1.14M – $1.39M
AI approach$1.57M
Submarket $/SF estimate$1.63M

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$309/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$203 – $399
Qualifying comparables19

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
Appropriate commercial uses in the CBD and CBD-Core zones are those that promote a pedestrian shopping environment that minimizes the dep...
General categoryCIVIC_INSTITUTIONAL
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

Location

109 Meridian Puyallup, WA 98371-8631
County assessor Recorded deeds · 13 transfers 19 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1713 Pioneer, Puyallup, WA 98371-5271 $1,000,000 May 2024 3,600 SF
116 Meridian, Puyallup, WA 98371-5912 $820,000 Jan 2024 5,365 SF
1105 Riv, Puyallup, WA 98371-3848 $550,000 Feb 2022 3,456 SF
107 Stewart, Puyallup, WA 98371-4374 $719,719 Feb 2022 5,424 SF
209 Stewart, Puyallup, WA 98371-4393 $310,000 Oct 2019 3,433 SF
1103 Riv, Puyallup, WA 98371-3889 $300,000 Aug 2019 3,760 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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