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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Flex space
11603 Cyn E Rd, Puyallup, WA 98373-4361
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0467340
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1976
Construction
STEEL FRAME
Total area
39,136 SF
Lot
3.68 ac (160,127 SF)
Zoning code
CC
APN
4075211287
UPID
US90-0467340
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
-
Master Millwork Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
11603 Canyon Road LLC · 3 yrs held
11603 Canyon Road LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CC · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,500,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.30M (Dec 27 2022)
Last sale anchor
$1.30M
Dec 27 2022
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
$36 / 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
$43,161
Tax year 2024
Assessed value
$3,086,700
Assessed 2024
Previous assessed
$3,086,700
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,468,300
Assessed improvement
$1,618,400
Land market value
$1,468,300
Improvement market value
$1,618,400
Total market value
$3,086,700
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
4
Stories
1
Units
1
Total area
39,136 SF
Lot
3.68 ac (160,127 SF)
Zoning code
CC
APN
4075211287
UPID
US90-0467340
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Puyallup, WA
Zoning CC · permitted uses
CC · 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.
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
3.68 ac
Current owner
From public records · entity-resolved
11603 Canyon Road LLC
Entity
Mailing address
11603 CYN RD E, PUYALLUP, WA 98373-4361
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
—
11603 Canyon Road LLC
Gary W Monette
Quit Claim Deed
related
—
Sep 7, 2006
—
Gary W Monette
—
Deed Of Trust
related
$2,000,000 · Columbia State Bank
Dec 30, 1993
$1,300,000
Gary W Monette
First Interstate
Grant Deed
$1,170,000 · First Interstate Bank Washingt
Apr 30, 1993
$62,500
First Interstate Bank Of Wa
Unknown
Grant Deed
related
—
—
—
Gary W Monette
—
Deed Of Trust
related
$2,350,000 · Columbia State Bank
—
—
Gary Monette
—
Deed Of Trust
related
$26,475 · Tacoma Power
—
—
Gary W Monette
—
Deed Of Trust
related
$11,735 · Tacoma City (wa)
—
—
Gary W Monette
—
Deed Of Trust
related
$500,000 · Northwest Commercial Bank
—
—
Gary W Monette
—
Deed Of Trust
related
$65,000 · James M & Patricia A Jackson
—
—
Gary W Monette
—
Deed Of Trust
related
$2,925,000 · Kitsap Bk
—
—
Gary W Monette
—
Deed Of Trust
related
$2,025,000 · Heritage Savings Bank Fsb
—
—
Gary W Monette
—
Deed Of Trust
related
$1,668,800 · Columbia State Bank
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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