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Property profile & analytics
OFF-MARKET
Office Spaces
516 Vly NE Ave, Puyallup, WA 98372-2503
Entity Owned
~
Est. High Equity
Property ID
US90-0795054
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1979
Construction
WOOD FRAME
Total area
1,596 SF
Lot
2.97 ac (129,199 SF)
Zoning code
CG
APN
420223076
UPID
US90-0795054
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
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Blink Charging Station Electric Vehicle Charging Station
-
Valley Supply Company Building Supply Industrial Manufacturer
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
Cpreif Puyallup Ios LLC
Cpreif Puyallup Ios LLC
since 2026
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
CG · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$29,419
Tax year 2024
Assessed value
$2,766,100
Assessed 2024
Previous assessed
$2,766,100
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$2,592,100
Assessed improvement
$174,000
Land market value
$2,592,100
Improvement market value
$174,000
Total market value
$2,766,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
SPACE
Buildings
3
Stories
1
Total area
1,596 SF
Lot
2.97 ac (129,199 SF)
Zoning code
CG
APN
420223076
UPID
US90-0795054
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Puyallup, WA
Zoning CG · permitted uses
CG · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Puyallup. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
3
Lot
2.97 ac
Current owner
From public records · entity-resolved
Cpreif Puyallup Ios LLC
Entity
Mailing address
PO BOX 726, BELLEVUE, WA 98009-0726
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$6,400,000
Cpreif Puyallup Ios LLC
O B Puyallup Properties LLC
Bargain & Sale Deed
—
Dec 20, 2016
—
O B Puyallup Properties LLC
—
Deed
related
$6,000,000 · Puget Sound Bank
Jun 25, 2014
—
Ob Puyallup Properties LLC
—
Loan Modification
related
$22,850,000 · Wells Fargo Bk
Jan 28, 2013
—
Ob Puyallup Properties LLC
—
Deed Of Trust
related
$17,985,000 · Wells Fargo Bank
Sep 29, 2010
—
Ob Puyallup Properties LLC
—
Deed Of Trust
related
$26,330,000 · Wells Fargo Bank
Mar 28, 2008
—
Ob Puyallup Properties LLC
—
Deed Of Trust
related
$3,950,000 · Wells Fargo Bank
Dec 19, 2007
—
Ob Puyallup Properties LLC
—
Deed Of Trust
related
$7,550,000 · Wells Fargo Bank
Sep 29, 2006
—
Michael P O'brien
Obrien,billie J
Quit Claim Deed
related
—
Sep 5, 2006
$3,300,000
Ob Puyallup Properties LLC
Martin,kenneth T & Vincene R
Warranty Deed
—
Jan 19, 1999
$1,000,000
Kenneth T Martin
Franich,valley Development Assoc
Grant Deed
$800,000 · Seller
—
—
O B Puyallup Properties LLC
—
Deed Of Trust
related
$12,000 · Wfb NA
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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