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Property profile & analytics
OFF-MARKET Estimated value $525,000
Grocery and convenience stores

516 Meridian Puyallup, WA 98371-5910

3,496 SF 0.37 ac lot Built 1985
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US90-0981829
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,496 SF
Lot 0.37 ac (16,269 SF)
Zoning code CBD
APN 5745300310
UPID US90-0981829
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
  • Joe's Plumbing & Heating Plumbing Service General Contractor
  • Enchanted Espresso Take-out & Catering Cafe & Coffee Shop
  • Sinclair Gas Station Gas Station
  • Sinclair Dino Mart Auto Repair Shop
  • AAA Chimney Sweep & Dryer Vent Services General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$561k
Blend (final) Blend
$525k
Owner & transaction history
Real Estate Holding Strickland · 23 yrs held
Real Estate Holding Strickland
since 2003
5 recorded transactions
2024
Price N/A
2023
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District Zone. The CBD zone is intended to provide for commercial services in a fashion that preserves and enhances the pedestrian scale and historic character of development in Puyallup's downtown area and commuter rail station center areas. Both the CBD and the CBD-Core zones are also intended for residential development, with either m…

Zone name Central Business District Zone
General category MIXED_USE
Zone area 43.22 ac
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