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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office Spaces
8602 Cyn E Rd Puyallup, WA 98371-6316
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1018670
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1965
Construction
WOOD FRAME
Total area
1,150 SF
Lot
0.43 ac (18,630 SF)
Zoning code
RNC
APN
320361028
UPID
US90-1018670
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
-
Caster James Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$500k
Owner & transaction history
Zagros Properties Nw LLC · 3 yrs held
Zagros Properties Nw LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
RNC · 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
$550,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$490,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Apr 28 2023)
Last sale anchor
$500k
Apr 28 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
$435 / 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
$6,497
Tax year 2024
Assessed value
$479,700
Assessed 2024
Previous assessed
$479,700
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$308,500
Assessed improvement
$171,200
Land market value
$308,500
Improvement market value
$171,200
Total market value
$479,700
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
1,150 SF
Lot
0.43 ac (18,630 SF)
Zoning code
RNC
APN
320361028
UPID
US90-1018670
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RNC · Puyallup, WAZoning RNC · permitted uses
RNC · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$490,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Zagros Properties Nw LLC
Entity
Mailing address
11111 SHAWNEE RD E, PUYALLUP, WA 98374-2406
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
Apr 28, 2023
$500,000
Zagros Properties Nw LLC
Jusant LLC
Warranty Deed
$250,000 · Jusant LLC
Feb 28, 2019
—
Jusant LLC
Barjo LLC
Quit Claim Deed
related
—
Apr 28, 2017
—
Pierce Cnty
Barjo LLC
Warranty Deed
—
Jan 11, 2006
—
Barjo LLC
Lundberg,joel W & Barbara A
Warranty Deed
—
Sep 24, 2004
$177,500
Joel W Lundberg
Hale,andrew D
Warranty Deed
$142,000 · Lehman Brothers Bank Fsb
Jun 18, 2004
$165,000
Andrew D Hale
Taylor,jay R & Rebecca L
Warranty Deed
$132,000 · Chase Manhattan Mortgage Corp
Jan 4, 2000
$130,000
Jay R Taylor
Campbell,dennis O
Grant Deed
$132,890 · Washington Mutual Fsb
May 13, 1988
$53,550
Dennis O Campbell
Unknown
Grant Deed
—
—
—
Dennis O Campbell
—
Deed Of Trust
related
$42,840 · Washington Mutual Fsb
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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