15215 Canyon Rd E Puyallup, WA 98375
This exceptional 2.3-acre commercial/industrial land parcel presents a unique investment opportunity in Puyallup, Washington. Located at 15215 Canyon Rd E, this property boasts a highly desirable location on a fully-lighted intersection corner, offering unparalleled visibility and accessibility. Less than a mile from the new Amazon Distribution Center, this site benefits from its proximity to major transportation arteries, including Highway 512, providing easy access to Fredrickson's industrial hub and Meridian. The property is completely developed and ready for immediate construction; all utilities are on-site, and an underground stormwater retention system is already installed. Zoned ECOR, this versatile parcel allows for a wide range of commercial and industrial uses, including truck parking, contractor yards, warehousing and distribution, industrial service and repair facilities, restaurants, gas stations and convenience stores, professional offices, drive-through businesses, car washes, and hotels. With its strategic location, complete infrastructure, and flexible zoning, this property represents an exceptional opportunity for developers and businesses seeking a prime location in a thriving industrial corridor. The Pierce County Assessor's Parcel Number (APN) is 4015416831. The asking price is $2,250,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.