New search
Property profile & analytics
FOR SALE
Warehouses
5425 144Th St E, Puyallup, WA 98375
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0092111
No photos on file
For Sale
$2,600,000
5425 144Th St E, Puyallup, WA 98375
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1993
Total area
1,120 SF
Lot
0.82 ac (35,610 SF)
Zoning code
NC
APN
419183048
UPID
US90-0092111
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
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
W&r Exchange LLC · 2 yrs held
W&r Exchange LLC
since 2023
Last sale
$684,000
7 recorded transactions
Zoning & alternative use
NC · 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
Method
Estimation
Statistic approach
$710,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$470,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $684k (Dec 29 2023)
Last sale anchor
$684k
Dec 29 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$621 / SF
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
$5,613
Tax year 2024
Assessed value
$362,400
Assessed 2024
Previous assessed
$362,400
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$286,400
Assessed improvement
$76,000
Land market value
$286,400
Improvement market value
$76,000
Total market value
$362,400
Applied tax rate
515.0000
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
For Sale
Year built
1993
Heating
SPACE
Stories
1
Units
1
Bathrooms
1
Total area
1,120 SF
Lot
0.82 ac (35,610 SF)
Zoning code
NC
APN
419183048
UPID
US90-0092111
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NC · Puyallup, WA
Zoning NC · permitted uses
NC · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$470,000
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
SPACE
Stories
1
Units
1
Bathrooms
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
W&r Exchange LLC
Entity
Mailing address
11805 HARRIS RD SE, YELM, WA 98597-9628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2024
—
Washington & Rice LLC
—
Deed
related
$1,235,000 · Timberland Bank
Dec 29, 2023
$684,000
W&r Exchange LLC
Af Investments LLC
Warranty Deed
—
Feb 17, 2009
—
Af Investments LLC
Austin,walter E & Sharon L
Quit Claim Deed
related
—
Nov 30, 2004
$275,000
Walter E Austin
Bernhardson,robert A & Leola S
Warranty Deed
—
—
—
Walter E Austin
—
Deed Of Trust
related
$265,220 · Valley Bank
—
—
Af Investments LLC
—
Loan Modification
related
—
—
—
Robert A Bernhardson
—
Deed Of Trust
related
$49,950 · Tapco Cu
—
—
Robert A Bernharson
—
Deed Of Trust
related
$100,000 · Seafirst Bank
—
—
Robert A Bernhardson
—
Deed Of Trust
related
$84,500 · Tapco Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
