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Property profile & analytics
OFF-MARKET Estimated value $6,890,000
Medical Office Space

1703 Meridian Puyallup, WA 98371-7590

31,848 SF 2.69 ac lot Built 2000
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US90-0316314
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,848 SF
Lot 2.69 ac (117,176 SF)
Zoning code OP
APN 7790000192
UPID US90-0316314
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
  • Mark R. Gildenhar, M.D. - Cascade Eye And Skin Center - Puyallup Eye Care Center Doctor
  • Prescription Optical - Cascade Eye And Skin Center - Puyallup Eye Care Center Optician
  • Laurel R. Harris, M.D. - Cascade Eye And Skin Center - Puyallup Eye Care Center Doctor
  • Brady Steven M DO Ophthalmologist
  • Cascade Eye & Skin Center - Rausch Michael MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.95M
Comparable Approach Comparable
$9.41M
Blend (final) Blend
$6.89M
Owner & transaction history
1703 Meridian LLC · 18 yrs held
1703 Meridian LLC
since 2008
7 recorded transactions
2024
Price N/A
2020
Price N/A
2017
Price N/A
2008
$10.5M
1999
Price N/A
1999
$850,000
1997
$463,600
Zoning & alternative use
OP · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Wireless communication facilities in OP, C, MX, M, FAIR, MED and PF zones. Wireless communication facilities, not including small cell facilities, permitted as principal or accessory uses, or by conditional use permit, are subject to the provisions of this chapter and the following requirements: (1) Facilities as an Accessory Use in OP, C, MX, M, FAIR, MED a…

Zone name Professional Office Zone
General category COMMERCIAL
Zone area 17.48 ac
Top alternative use upside
Retail stores $9.8M +12.6%
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