New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,810,000
Hotels
812 Hl Park Dr, Puyallup, WA 98373-1407
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-0716928
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
WOOD FRAME
Total area
50,915 SF
Lot
1.64 ac (71,221 SF)
Zoning code
CG
APN
6020120111
UPID
US90-0716928
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
-
Holiday Inn Express & Suites Puyallup (Tacoma Area) Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.03M
Comparable Approach
Comparable
$5.60M
Blend (final)
Blend
$6.81M
Owner & transaction history
Puyallup Hospitality LLC · 20 yrs held
Puyallup Hospitality LLC
since 2005
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,530,000
6.5%
$6,030,000
7%
$5,595,000
Blend value · Realmo final
$6.81M
Range $6.13M – $7.49M · ±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
$134 / 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
$108,019
Tax year 2024
Assessed value
$11,033,000
Assessed 2024
Previous assessed
$11,033,000
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,810,000
Assessed improvement
$9,223,000
Land market value
$1,810,000
Improvement market value
$9,223,000
Total market value
$11,033,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
4
Units
96
Total area
50,915 SF
Lot
1.64 ac (71,221 SF)
Zoning code
CG
APN
6020120111
UPID
US90-0716928
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
1998
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
96
Lot
1.64 ac
Current owner
From public records · entity-resolved
Puyallup Hospitality LLC
Entity
Mailing address
119 N COMMERCIAL ST, BELLINGHAM, WA 98225-4446
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Puyallup Hospitality LLC
—
Deed
related
$12,600,000 · Wells Fargo Bank NA
Nov 4, 2005
—
Puyallup Hospitality LLC
Hollander,marlo G & Betty J
Quit Claim Deed
related
—
Nov 6, 1997
—
Marlo G Hollander
—
Grant Deed
related
$3,832,000 · Horizon Bank
—
—
Puyallup Hospitality LLC
—
Deed Of Trust
related
$3,004,000 · Ameritrust Cdc
—
—
Marlo G Hollander
—
Deed Of Trust
related
$4,873,500 · Horizon Bank
—
—
Puyallup Hospitality LLC
—
Deed Of Trust
related
$8,100,000 · Bank Of Pacific
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?”
You own 812 Hl Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.