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    Property profile & analytics
    OFF-MARKET Estimated value $1,275,000
    Medical Office Space

    208 17th SE Ave, Puyallup, WA 98372-4515

    5,097 SF 0.56 ac lot Built 2010
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US90-1551813
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 208 17th Ave SE in Puyallup, WA 98371, offers a prime opportunity for healthcare professionals. The Class B building, constructed in 2010, boasts a total of 5,097 square feet across two stories, situated on a 0.56-acre lot. Currently, there are two available suites, each ranging from 1,082 to 1,168 contiguous square feet, with a total of 2,250 square feet of vacant space. The building is zoned MED, ideal for medical practices. The property features a multi-tenant occupancy and provides convenient access for patients and staff. The minimum divisible space is 1,082 square feet, offering flexibility for various practice sizes. This is an excellent opportunity to establish or expand your medical practice in a thriving Puyallup community. The building's single structure and convenient location within Pierce County make it an attractive option for healthcare providers seeking a well-maintained and strategically located office space. Interested parties should inquire about lease terms and availability.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2010
    Construction FRAME
    Total area 5,097 SF
    Lot 0.56 ac (24,300 SF)
    Zoning code MED
    APN 7790000130
    UPID US90-1551813
    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
    • Cascade Hernia Institute Medical Clinic
    • Cascade Hernia & Surgical Solutions at Meridian Surgery Center Medical Clinic Hospital
    • Dr. Steven Duras Physician
    • Robert Wright Physician
    • Brian Nelson Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.11M
    Comparable Approach Comparable
    $1.43M
    Blend (final) Blend
    $1.28M
    Owner & transaction history
    Evergreen Rentals LLC · 16 yrs held
    Evergreen Rentals LLC
    since 2010
    6 recorded transactions
    2022
    2010
    $45,000
    2004
    1969
    1969
    1969
    Zoning & alternative use
    MED · Puyallup, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.0M +40.5%
    Retail stores $1.6M +13.2%
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