Realmo Analytics

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Property profile

12020 Meridian E Puyallup, WA 98373

OFF-MARKET
Retail space
Property ID
US90-1432437
5,000 SF 0.67 ac lot Built 1981
Last sale Jul 2004 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Plaza II, located at 12020 Meridian E in Puyallup, WA 98373, offers exceptional executive office space for lease. This 7,572 square foot building is currently fully vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking contiguous space. The property is classified as both retail and office, offering versatile options for businesses of various sizes. Three spaces are immediately available, ranging from a minimum of 1,606 square feet to a maximum contiguous…

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?
$15k
Tax billed · 2024
Assessed value$1.27M
Assessed land$1.15M
Assessed improvement$125k
Effective rate1.19%

Value estimate

· Oct 2026
$610k
$549k – $671k
AI approach$610k
CAP approach$665k
Submarket $/SF estimate$718k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$311/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$195 – $408
Qualifying comparables18

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?
CC
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.4
Law Firm15.3
Parking Facility14.8

Location

12020 Meridian E Puyallup, WA 98373-3400
County assessor Recorded deeds · 5 transfers 18 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4417 Meridian, Puyallup, WA 98373-3661 $29,375,000 May 2023 6,766 SF
14123 Meridian E, Puyallup, WA 98373-5616 $1,575,000 Mar 2023 6,130 SF
3924 Meridian, Puyallup, WA 98373-3629 $1,000,000 Jul 2021 4,280 SF
10120 128th St E, Puyallup, WA 98373-5609 $1,370,000 Jan 2020 5,372 SF
206 39th SW, Puyallup, WA 98373-3617 $900,000 May 2019 3,240 SF
3860 Meridian, Puyallup, WA 98373-3757 $375,000 Jan 2019 5,789 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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