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Property profile & analytics
OFF-MARKET
Turn key restaurants

213 Meridian Puyallup, WA 98371-8633

1,969 SF 0.04 ac lot Built 1915
Individually Owned 31-yr Hold ~ Est. High Equity
Property ID
US90-0325476
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,969 SF
Lot 0.04 ac (1,590 SF)
Zoning code CBD-CORE
APN 420272059
UPID US90-0325476
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
  • Meridian Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Qichang He · 31 yrs held
Qichang He
since 1994
3 recorded transactions
1994
$170,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD-CORE · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Appropriate commercial uses in the CBD and CBD-Core zones are those that promote a pedestrian shopping environment that minimizes the dependency on the automobile and encourages the use of mass transit by clustering a mix of uses that are accessible on foot. Therefore, the following uses are prohibited in the CBD and CBD-Core zones and are identified using t…

Zone name Central Business District Core Zone
General category CIVIC_INSTITUTIONAL
Zone area 31.87 ac
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