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Property profile & analytics
OFF-MARKET
Estimated value
$5,135,000
Motels
1409 Meridian, Puyallup, WA 98371-6904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1130816
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
WOOD FRAME
Total area
16,626 SF
Lot
0.27 ac (11,750 SF)
Zoning code
CG
APN
9810000211
UPID
US90-1130816
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
-
Basecamp Puyallup a Travelodge by Wyndham Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.70M
Blend (final)
Blend
$5.14M
Owner & transaction history
Basecamp Management LLC · 4 yrs held
Basecamp Management LLC
since 2021
Last sale
$5.0M
5 recorded transactions
Zoning & alternative use
CG · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.1M
+50.1%
Restaurant
$7.7M
+42.5%
Neighborhood: shopping center
$7.1M
+31.9%
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
$6,450,000
ML approach
$6,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,375,000
Current use
COMMERCIAL (GENERAL)
$8,065,000
Change: +50% · Conversion: Difficult
RESTAURANT
$7,660,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,085,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,415,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$5,140,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$4,565,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$5.14M
Range $4.62M – $5.65M · ±10% · vs last sale $5.00M (Jun 30 2021)
Last sale anchor
$5.00M
Jun 30 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
$309 / 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
$43,187
Tax year 2024
Assessed value
$4,317,100
Assessed 2024
Previous assessed
$4,317,100
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$337,400
Assessed improvement
$3,979,700
Land market value
$337,400
Improvement market value
$3,979,700
Total market value
$4,317,100
Applied tax rate
96.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
52
Total area
16,626 SF
Lot
0.27 ac (11,750 SF)
Zoning code
CG
APN
9810000211
UPID
US90-1130816
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Puyallup, WA
Zoning CG · permitted uses
CG · 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
HOTEL/MOTEL Current
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$8.1M
RESTAURANT
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.4M
RETAIL STORES
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.6M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
52
Lot
0.27 ac
Current owner
From public records · entity-resolved
Basecamp Management LLC
Entity
Mailing address
15406 MERIDIAN E STE #200, PUYALLUP, WA 98375-9504
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$4,995,000
Basecamp Management LLC
Puar & Sons LLC
Warranty Deed
$5,000,000 · Us Metro Bank
Mar 6, 2018
$3,937,719
Puar & Sons L L C
Parmjit Sidhu
Warranty Deed
$2,138,000 · Pacific City Bank
Jun 27, 2005
—
Kulvir Bassi
Bassi,charanjit S
Quit Claim Deed
related
—
Apr 28, 2000
—
Tong K Choi
—
Deed Of Trust
related
$1,000,000 · Nara Bank
—
—
Parmjit Sidhu
—
Loan Modification
related
$2,100,000 · Plaza Bk
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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