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Property profile & analytics
OFF-MARKET
Manufacturing properties
2505 Inter Ave Puyallup, WA 98372
Entity Owned
7-yr Hold
Free & Clear
Property ID
US90-0110746
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
1962
Total area
1,653 SF
Lot
0.23 ac (10,200 SF)
Zoning code
ML
APN
2105200191
UPID
US90-0110746
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
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
Bplc Properties LLC · 7 yrs held
Bplc Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
ML · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Industrial (ML) design standards. § 20.26.500 Zone transition standards. Chapter 20.28 OP PROFESSIONAL OFFICE ZONE § 20.28.001 OP zone. § 20.28.005 Description and purpose. § 20.28.010 Permitted uses - OP professional office zone.
Zone name
Limited Manufacturing Zone
General category
INDUSTRIAL
Zone area
592.28 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,121
Tax year 2024
Assessed value
$426,500
Assessed 2024
Previous assessed
$426,500
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$197,400
Assessed improvement
$229,100
Land market value
$197,400
Improvement market value
$229,100
Total market value
$426,500
Applied tax rate
96.0000
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
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
1962
Heating
ELECTRIC
Stories
1
Units
1
Bathrooms
1
Total area
1,653 SF
Lot
0.23 ac (10,200 SF)
Zoning code
ML
APN
2105200191
UPID
US90-0110746
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
ML · Puyallup, WAZoning ML · permitted uses
ML · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Industrial (ML) design standards. § 20.26.500 Zone transition standards. Chapter 20.28 OP PROFESSIONAL OFFICE ZONE § 20.28.001 OP zone. § 20.28.005 Description and purpose. § 20.28.010 Permitted uses - OP professional office zone.
Zone name
Limited Manufacturing Zone
General category
INDUSTRIAL
Zone area
592.28 ac
Building & site characteristics
From public records
Year built
1962
Heating
ELECTRIC
Stories
1
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Bplc Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2412 INTER AVE, PUYALLUP, WA 98372-3425
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
—
Bplc Properties LLC
—
Grant Deed
related
$1,700,656 · Heritage Bk
Jun 27, 2019
—
Bplc Properties LLC
Best Parking Lot Cleaning INC
Quit Claim Deed
related
—
Jun 6, 2018
$2,210,000
Best Parking Lot Cleaning INC
Scm Associates LLC
Trustees Deed
$1,768,000 · Heritage Bk
Jun 2, 1998
$75,000
Scm Properties LLC
Stiles Family LP
Grant Deed
—
—
—
Scm Associates LLC
—
Deed Of Trust
related
$386,809 · Key Bank NA
—
—
Bplc Properties LLC
—
Loan Modification
related
—
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.
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