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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Warehouses
12810 109th Ave E Ct, Puyallup, WA 98374-3027
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1364856
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,880 SF
Lot
0.36 ac (15,615 SF)
Zoning code
HSF
APN
9727000010
UPID
US90-1364856
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
-
Winsome Terrace Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$730k
Owner & transaction history
Laird Harrison · 4 yrs held
Laird Harrison
since 2022
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
HSF · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+52.2%
Commercial (general)
$1.1M
+47.0%
Retail stores
$895,000
+22.6%
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
$780,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$730,000
Current use
AUTO REPAIR, GARAGE
$1,110,000
Change: +52% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,070,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$895,000
Change: +23% · Conversion: Moderate
MEDICAL BUILDING
$790,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $675k (Apr 8 2022)
Last sale anchor
$675k
Apr 8 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
$253 / 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
$6,727
Tax year 2024
Assessed value
$508,200
Assessed 2024
Previous assessed
$508,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$147,900
Assessed improvement
$360,300
Land market value
$147,900
Improvement market value
$360,300
Total market value
$508,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
6
Total area
2,880 SF
Lot
0.36 ac (15,615 SF)
Zoning code
HSF
APN
9727000010
UPID
US90-1364856
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
HSF · Puyallup, WA
Zoning HSF · permitted uses
HSF · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$895,000
MEDICAL BUILDING
Est. value
$790,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
0.36 ac
Current owner
From public records · entity-resolved
Laird Harrison
Individual
Mailing address
1322 S SUNSET DR, TACOMA, WA 98465-1233
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
$675,000
Laird Harrison
Off Meridian Storage LLC
Warranty Deed
$515,000 · Americas Cu
Jul 30, 2021
—
Off Meridian Storage LLC
—
Deed
related
$130,000 · Petramalo Investments LLC
Sep 21, 2020
$400,000
Off Meridian Storage LLC
9788 Hanqin&jun Holdings LLC
Warranty Deed
$308,575 · Telco Community Cu
Jun 22, 2018
$215,000
12810 Schwarzmiller Hldgs LLC
Gulistad,sandra
Warranty Deed
$161,250 · 9788 Hanqin&jun Hldgs LLC
Jan 27, 1997
—
Robert L Maher
Marshall,nancy A
Quit Claim Deed
related
—
May 1, 1991
$75,000
Sandra Gullstad
Unknown
Grant Deed
—
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.
Try Rey
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