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    Property profile & analytics

    827 Riv Rd Puyallup, WA 98371

    • Office properties & Spaces
    • 900 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1350177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 827 Riv Rd

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    1.43 lot acres
    Property size
    900 SF
    Zone code
    CG
    Property type
    Office properties & Spaces
    APN
    420217016
    APU
    420217016

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Puyallup
    County
    Pierce
    State
    Washington
    Longitude
    -122.305
    Latitude
    47.2023
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,538
    $1,205,200
    $274,700
    $1,479,900
    -
    $1,205,200
    $274,700
    $1,479,900

    Comparable in this City

    • Value Estimation
      $1,130,000
      4,930 SF

      8801 Cyn E Rd

      OFFICE (GENERAL) • 4,930 SF
      8801 Cyn E Rd, Puyallup, WA 98371-6311
      View Details
    • Value Estimation
      $1,475,000
      7,840 SF

      214 Main

      OFFICE (GENERAL) • 7,840 SF
      214 Main, Puyallup, WA 98371-5328
      View Details
    • Value Estimation by Request
      1,224 SF

      8412 Cyn E Rd

      OFFICE (GENERAL) • 1,224 SF
      8412 Cyn E Rd, Puyallup, WA 98371-6320
      View Details
    • Value Estimation
      $1,060,000
      3,900 SF

      2604 Meridian E Ave

      OFFICE (GENERAL) • 3,900 SF
      2604 Meridian E Ave, Edgewood, WA 98371-2105
      View Details
    • Value Estimation
      $2,860,000
      14,400 SF

      317 3rd SW St

      OFFICE (GENERAL) • 14,400 SF
      317 3rd SW St, Puyallup, WA 98371-5872
      View Details
    • Value Estimation
      $1,295,000
      3,582 SF

      201 Vly NW Ave

      OFFICE (GENERAL) • 3,582 SF
      201 Vly NW Ave, Puyallup, WA 98371-3305
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Two-Story Commercial Building on Meridian

      Two-story commercial building with office and unfinished space.
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      Warehouse/Flex Space in Puyallup

      8,255 SF warehouse/flex space available September 1, 2025.
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    • $2,950,000

      Puyallup Showroom and Office Space

      Showroom and office space on 0.85 acres for sale.
      1632 River Rd, Puyallup, WA 98371
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      Class-A Office Space Available

      Class-A office space in Puyallup, WA with modern amenities.
      1015 39Th Ave SE, Puyallup, WA 98371
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    • Contact for pricing

      Class-A Office Space Available

      160,000 RSF of Class-A office space in Puyallup, WA.
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    Similar Nearby for Lease

    • $12,154 /Mo
      3,241 SF

      Restaurant or Retail Space Available

      Existing restaurant building and pad site suitable for various uses.
      1403 Meridian, Puyallup, WA 98371
      View Details
    • $20 SF/Yr
      6,065 SF

      Meridian Office Space Available

      Puyallup medical office space for lease.
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      View Details
    • $0.35 SF/Yr

      Puyallup Industrial Spaces Available

      Industrial warehouse spaces and fenced yard in prime Puyallup location.
      1703 19Th Ave NW, Puyallup, WA 98371
      View Details
    • $33,436
      37,996 SF

      Puyallup Warehouse with Office Space

      37,996 SF warehouse with 1,647 SF built-out office space.
      914 Valley Ave NW, Puyallup, WA 98371
      View Details
    • $2,803 /Mo
      2,170 SF

      Downtown Puyallup Office Space

      Office space in downtown Puyallup suitable for various businesses.
      105 Meridian, Puyallup, WA 98371
      View Details
    • Contact for pricing
      6,566 SF

      Puyallup Office Space Available

      6,566 SF office space for rent in Puyallup, WA.
      800 S Meridian, Puyallup, WA 98371
      View Details

    Property Visit Statistics

    • Visits by month
      1.1k
    • Visitors by month
      490
    • Avg Time on site
      17 min
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    827 Riv Rd
    Puyallup, WA 98371
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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