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Property profile & analytics
FOR LEASE
Strip malls
14312 Meridian E Puyallup, WA 98373
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1202499
For Lease
Contact for pricing
14312 Meridian E, Puyallup, WA 98373
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,250 SF
Lot
1.04 ac (45,520 SF)
Zoning code
AC
APN
419164024
UPID
US90-1202499
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
-
Alliance BJJ Puyallup Training Center Sports School
-
Anytime Fitness Gym & Fitness Center
-
Postal Connections Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$935k
Owner & transaction history
Wal-puyallup LLC · 10 yrs held
Wal-puyallup LLC
since 2016
7 recorded transactions
Zoning & alternative use
AC · 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
by Request
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
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
$101 / 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
$27,387
Tax year 2024
Assessed value
$2,397,600
Assessed 2024
Previous assessed
$2,397,600
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,453,700
Assessed improvement
$943,900
Land market value
$1,453,700
Improvement market value
$943,900
Total market value
$2,397,600
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
For Lease
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
9,250 SF
Lot
1.04 ac (45,520 SF)
Zoning code
AC
APN
419164024
UPID
US90-1202499
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
AC · Puyallup, WAZoning AC · permitted uses
AC · 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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Wal-puyallup LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2009 PORTER FLD WAY STE P, UPLAND, CA 91786-1106
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2021
—
Wal Puyallup LLC
—
Deed
related
$18,000,000 · Wells Fargo Bank NA
Jul 15, 2016
$7,850,000
Wal-puyallup LLC
An Wg Puyalllup LP
Grant Deed
—
Jul 15, 2016
—
An Wg Austin LP
—
Deed
related
$28,090,000 · Wells Fargo Bk 2014-gc20 (ce)
Jan 2, 2014
$6,300,000
An Wg Puyallup LP
Walgreen Co
Trustees Deed
$28,090,000 · Citigroup Global Markets Rlty
May 2, 2006
$1,800,000
Walgreen Co
Gaines,herbert W & Rose A
Warranty Deed
—
—
—
An Wg Austin LP
—
Loan Modification
related
$28,090,000 · Wells Fargo Bk 2014-gc20 (ce)
—
—
An Wg Puyallup LP
—
Loan Modification
related
$20,040,000 · Wells Fargo Bk 2014-gc20 (ce)
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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