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Property profile & analytics
OFF-MARKET
Estimated value
$5,405,000
Strip malls
13613 Meridian E Puyallup, WA 98373-3664
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0735400
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,014 SF
Lot
0.12 ac (5,292 SF)
Zoning code
CC
APN
9008990020
UPID
US90-0735400
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
-
Ted Brown Music (Bike/Boat/Book/etc) Store
-
Dr. Harinder Walia Dental Office
-
Kunal Walia DDS FICOI - South Hill Dental Center Dental Office
-
Edward Jones - Financial Advisor: Diane M La Marr, CFP®|AAMS® Financial Advisor
-
Rainier Sports And Spinal Rehab Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
Michael Fisher · 4 yrs held
Michael Fisher
since 2021
Last sale
$4.7M
3 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
$6,100,000
ML approach
$6,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.41M
Range $4.86M – $5.95M · ±10% · vs last sale $4.73M (May 14 2021)
Last sale anchor
$4.73M
May 14 2021
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
$2,684 / 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
$5,312
Tax year 2024
Assessed value
$503,600
Assessed 2024
Previous assessed
$503,600
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$165,700
Assessed improvement
$337,900
Land market value
$165,700
Improvement market value
$337,900
Total market value
$503,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
2,014 SF
Lot
0.12 ac (5,292 SF)
Zoning code
CC
APN
9008990020
UPID
US90-0735400
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Puyallup, WAZoning CC · permitted uses
CC · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Michael Fisher
Individual
Mailing address
3770 S 349TH PL, AUBURN, WA 98001-9028
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2021
$1,490,000
Michael Fisher
Patricia A Leblanc
Warranty Deed
—
May 14, 2021
$4,725,000
Firgrove Offices LLC
Firgrove Commons 1 LLC
Warranty Deed
$3,543,750 · Washington State Employees Cu
Apr 23, 2019
—
Firgrove Commons 1 LLC
—
Grant Deed
related
$2,300,000 · Washington St Emp Cu
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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