Property profile

505 2nd NW Ave Puyallup, WA 98371

OFF-MARKET
Parking lots & garages
Property ID
US90-1225074
14,551 SF 0.61 ac lot Built 2021
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2021
Construction WOOD FRAME
Total area 14,551 SF
Lot 0.61 ac (26,406 SF)
Zoning code CG
APN 5870000100
UPID US90-1225074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505 2nd NW Ave Puyallup, WA 98371
Puyallup metro Census 73407 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.88M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

CG · Puyallup, WA
Zoning description

CG General Commercial Zone. The CG zone is intended to provide for retailing and other commercial services that serve the large market area surrounding the Puyallup community. Such commercial developments usually rely up…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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