Realmo Analytics

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Property profile

12815 Canyon Rd E Puyallup, WA 98373

FOR LEASE
Strip malls
Property ID
US90-1477537
30,416 SF 2.07 ac lot Built 1992
Last sale Sep 2007 · $3,660,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 4,800-square-foot office/warehouse suite (Suites D, E, and F) is located in Arrow Business Park on Canyon Road East in Puyallup, Washington. The space is configured to provide both enclosed warehouse area and office support, including seven private offices, a reception area, two open work areas, a dedicated staff break room, and two restrooms. The premises include ample on-site parking and are positioned for regional access via State Route 512 and Interstate 5, within Pierce County, making…

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?
$62k
Tax billed · 2024
Assessed value$5.00M
Assessed land$1.37M
Assessed improvement$3.62M
Effective rate1.23%

Value estimate

· Oct 2026
$3.77M
$3.39M – $4.15M
CAP approach$4.68M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 140,610.00% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$426/SF
County average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$204 – $702

Cap rate analysis

How does the asset earn?
140,610.00%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NC
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.5
Building Supply14.8
Law Firm14.4

Location

12815 Canyon Rd E Puyallup, WA 98373
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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
11601 Cyn E, Puyallup, WA 98373-4365 $2,715,000 Feb 2025 6,372 SF
13909 Meridian E, Puyallup, WA 98373-9180 $954,000 Nov 2024 7,450 SF
4627 Meridian, Puyallup, WA 98373-3437 $29,375,000 May 2023 14,544 SF
10023 128th E, Puyallup, WA 98373-5603 $3,520,000 May 2022 8,500 SF
12623 Meridian E, Puyallup, WA 98373-3469 $3,700,000 Jan 2021 8,000 SF
4009 Meridian, Puyallup, WA 98373-3670 $3,125,000 Aug 2019 6,460 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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