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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Office Spaces
17615 85th Ave E Ct Puyallup, WA 98375-1902
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-1432435
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
WOOD FRAME
Total area
14,344 SF
Lot
1.11 ac (48,308 SF)
Zoning code
MHR
APN
419325001
UPID
US90-1432435
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
-
Little Fin Therapies - Speech and Occupational Therapy Physician
-
Marissa Johnson Physician
-
Jeffrey L. Holmes, DC Alternative Medicine Practice
-
Northwest Family Chiropractic Alternative Medicine Practice
-
Enna Codekas Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$2.29M
Owner & transaction history
Wbhd LLC · 21 yrs held
Wbhd LLC
since 2004
7 recorded transactions
Zoning & alternative use
MHR · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,840,000
6.5%
$2,620,000
7%
$2,435,000
Blend value · Realmo final
$2.29M
Range $2.06M – $2.51M · ±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
$159 / 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
$31,116
Tax year 2024
Assessed value
$2,512,900
Assessed 2024
Previous assessed
$2,512,900
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$525,000
Assessed improvement
$1,987,900
Land market value
$525,000
Improvement market value
$1,987,900
Total market value
$2,512,900
Applied tax rate
578.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
11
Total area
14,344 SF
Lot
1.11 ac (48,308 SF)
Zoning code
MHR
APN
419325001
UPID
US90-1432435
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MHR · Puyallup, WAZoning MHR · permitted uses
MHR · 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
2004
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
11
Lot
1.11 ac
Current owner
From public records · entity-resolved
Wbhd LLC
Entity
Mailing address
17615 85TH AVE CT E, PUYALLUP, WA 98375-1902
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2017
—
Wbhd LLC
—
Deed
related
$1,970,000 · Columbia State Bank
Oct 14, 2004
—
Wbhd LLC
Holmes,jeffrey & Jolene
Quit Claim Deed
related
$249,500 · Timberland Bank
Oct 27, 2003
—
Jeffrey L Holmes
—
Trustees Deed
related
$1,125,000 · Timberland Bank
Nov 16, 2000
$205,000
Jeffrey L Holmes
Central Funding Co
Grant Deed
$165,000 · Central Funding Co
Oct 20, 1997
$135,000
Ray M Dunlap
Dunlap,ray M
Trustees Deed
related
—
May 21, 1993
$190,000
Key Allen R
Unknown
Grant Deed
$136,800 · Seller
—
—
Allen R Key
—
Deed Of Trust
related
$135,000 · Ddi INC Pst
—
—
Allen R Key
—
Deed Of Trust
related
$75,000 · Puget Creek LLC
—
—
Wbhd LLC
—
Deed Of Trust
related
$2,400,000 · Timberland Bank
—
—
Jeffrey L Holmes
—
Deed Of Trust
related
$162,750 · Timberland Bank
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.
Try Rey
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