1403 S Meridian Puyallup, WA 98371
This exceptional commercial property at 1403 S Meridian in Puyallup, WA, 98371 offers a unique opportunity for businesses seeking versatile space. The property encompasses a total of 3,200 square feet of building space, situated on a substantial 49,000 square foot lot with prominent Meridian frontage. The building is currently configured to accommodate multiple tenants, making it ideal for a variety of uses. The property type is classified as Retail, Office, and Land, with subtypes including Commercial, Medical Office, and Traditional Office. This flexibility allows for diverse business models to thrive within this location. The property is available for lease as a whole or potentially as individual spaces, providing options for businesses of varying sizes. The expansive land area presents additional development potential, depending on zoning regulations and future plans. This prime Puyallup location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. Interested parties should inquire about lease terms and conditions. The property's versatility and location make it a compelling investment opportunity. A ground lease option may also be available.
CG General Commercial Zone. The CG zone is intended to provide for retailing and other commercial services that serve the large market area surrounding the Puyallup community. Such commercial developments usually rely upon the automobile as their principal source of access. Maximum building heights range between four and six stories. In contrast to the CB zo…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Puyallup, WACG General Commercial Zone. The CG zone is intended to provide for retailing and other commercial services that serve the large market area surrounding the Puyallup community. Such commercial developments usually rely upon the automobile as their principal source of access. Maximum building heights range between four and six stories. In contrast to the CB zone, some uses in the CG zone may require large tracts of land and involve outdoor display of products for sale (such as automobile sales). The CG zone is also intended to allow some uses which are quasi-light industrial in character. ( Ord. 2147 Exh. A , 1987 ; Ord. 2454
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.