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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
720 Main Puyallup, WA 98371-5320
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0877154
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,996 SF
Lot
0.06 ac (2,500 SF)
Zoning code
HC
APN
7820000130
UPID
US90-0877154
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
-
Immanuel Lutheran Church Church Mosque
-
ILC Preschool High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$600k
Owner & transaction history
Marniejo LLC · 9 yrs held
Marniejo LLC
since 2017
7 recorded transactions
Zoning & alternative use
HC · 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
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
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
$150 / 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
$4,180
Tax year 2024
Assessed value
$456,800
Assessed 2024
Previous assessed
$456,800
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$59,800
Assessed improvement
$397,000
Land market value
$59,800
Improvement market value
$397,000
Total market value
$456,800
Applied tax rate
45.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
3,996 SF
Lot
0.06 ac (2,500 SF)
Zoning code
HC
APN
7820000130
UPID
US90-0877154
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
HC · Puyallup, WAZoning HC · permitted uses
HC · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Marniejo LLC
Entity
Mailing address
5509 62ND AVE W, UNIVERSITY PL, WA 98467-2904
Ownership since
2017
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
Aug 13, 2018
—
Marniejo LLC
—
Deed
related
$733,091 · Columbia State Bank
Aug 9, 2017
—
Marniejo LLC
—
Deed
related
$750,000 · River Road Invs LLC
Jun 15, 2017
$78,000
Marniejo LLC
Banner Bk
Grant Deed
—
Mar 21, 2017
—
Banner Bk
Tiffany Landing LLC
Quit Claim Deed
related
—
Jul 15, 2014
$485,625
Tiffany Landing LLC
Brooke,philip S III
Trustees Deed
—
May 6, 2014
$485,625
Tiffany Landing LLC
Brooke Philip S III
Trustees Deed
related
—
Jul 2, 2003
$273,399
John Lora
Meredith,william G
Grant Deed
$162,226 · William G Meredith
Jul 2, 2003
—
Melinda A Oliver
Lora,john
Quit Claim Deed
related
—
—
—
John Lora
—
Deed Of Trust
related
$868,087 · Viking Bank
—
—
Marniejo LLC
—
Deed Of Trust
related
$750,000 · River Road Invs LLC
—
—
John C Lora
—
Deed Of Trust
related
$691,144 · Viking Bank
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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