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Property profile & analytics
OFF-MARKET Estimated value $710,000
Office Spaces

118 Meeker Puyallup, WA 98372-3243

3,840 SF 0.06 ac lot Built 1947
Entity Owned Free & Clear
Property ID
US90-0671207
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,840 SF
Lot 0.06 ac (2,478 SF)
Zoning code CBD-CORE
APN 5745000020
UPID US90-0671207
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
$700k
Comparable Approach Comparable
$502k
Blend (final) Blend
$710k
Owner & transaction history
JR Building LLC
JR Building LLC
since 2026
4 recorded transactions
2026
Price N/A
2010
Price N/A
1991
$161,100
1969
Price N/A
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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