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Property profile

3500 Meridian Puyallup, WA 98373

OFF-MARKET
Outlet malls
Property ID
US90-1224372
52,924 SF 32.9 ac lot Built 2009
Last sale Mar 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,000-square-foot retail foodservice space within South Hill Mall in Puyallup, Washington, configured for beverage service and previously operated as a coffee shop. The unit is equipped with a walk-in refrigerator and a hood system, and features built-out infrastructure suitable for menu-driven drink preparation. Existing operations have included milk tea, fresh fruit bubble tea, fruit smoothies, and slushes. The location is within a mall environment that includes substantial customer…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$839k
Tax billed · 2024
Assessed value$84.40M
Assessed land$25.44M
Assessed improvement$58.96M
Effective rate0.99%

Value estimate

· Oct 2026
$9.98M
$8.98M – $10.97M
CAP approach$7.06M
Submarket $/SF estimate$9.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$311/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$195 – $408

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG
CG General Commercial Zone. The CG zone is intended to provide for retailing and other commercial services that serve the large market ar...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.4
Wholesale Shop13.0
Building Supply13.0

Location

3500 Meridian Puyallup, WA 98373-3779
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 16 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4627 Meridian, Puyallup, WA 98373-3437 $29,375,000 May 2023 47,881 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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