Property profile

621 5th SW St Puyallup, WA 98371

OFF-MARKET
Turn key restaurants
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Property ID
US90-0504292
1,890 SF 0.22 ac Built 2009
Last sale Oct 2006·$240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$7k
Tax billed · 2024
Assessed value$603k
Assessed land$202k
Assessed improvement$401k
Effective rate1.13%

Value estimate

· Nov 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$461/SF
County average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$202 – $753
Qualifying comparables6

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?
RS-06
Intended to reserve appropriate areas for low density residential living at a broad range of densities consistent with the Puyallup compr...
General categoryRESIDENTIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.6
Smoke and Vape Shop11.3
Computer & Electronic Repair10.1

Location

621 5th SW St Puyallup, WA 98371-5822
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
623 Meridian E, Edgewood, WA 98371-1039 $700,000 Feb 2026 1,758 SF
2316 Meridian E, Edgewood, WA 98371-1036 $1,500,000 Sep 2024 2,128 SF
109 Meridian, Puyallup, WA 98371-5917 $403,200 May 2024 1,505 SF
506 Meridian, Puyallup, WA 98371-8639 $765,000 Feb 2024 2,200 SF
210 Meridian, Puyallup, WA 98371-8632 $350,000 Jan 2023 2,340 SF
8401 Cyn E, Puyallup, WA 98371-6319 $2,600,000 Jun 2022 2,400 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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