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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office Spaces
9102 Bridgeport Way Puyallup, WA 98371
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0716557
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Construction
WOOD FRAME
Total area
3,538 SF
Lot
0.33 ac (14,325 SF)
Zoning code
CBD
APN
5130000290
UPID
US90-0716557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Tae Son Lee · 1 yrs held
Tae Son Lee
since 2025
Last sale
$620,001
7 recorded transactions
Zoning & alternative use
CBD · 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
$595,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $620k (May 6 2025)
Last sale anchor
$620k
May 6 2025
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
$175 / 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
$11,090
Tax year 2024
Assessed value
$961,100
Assessed 2024
Previous assessed
$961,100
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$310,700
Assessed improvement
$650,400
Land market value
$310,700
Improvement market value
$650,400
Total market value
$961,100
Applied tax rate
760.0000
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
1986
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
3,538 SF
Lot
0.33 ac (14,325 SF)
Zoning code
CBD
APN
5130000290
UPID
US90-0716557
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Puyallup, WA
Zoning CBD · permitted uses
CBD · 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
1986
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Tae Son Lee
Individual
Mailing address
1807 12TH ST SW, PUYALLUP, WA 98371-8550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 6, 2025
—
Tae Son Lee
Lee Kim Soonim
Deed
related
—
Sep 29, 2017
—
Phouthay Phommavongsay
—
Deed
related
$590,000 · Kitsap Bank
Jan 5, 2017
—
Phouthay Phommavongsay
Eastside Fndg LLC
Quit Claim Deed
related
—
Jan 5, 2017
$620,001
Phouthay Phommavongsay
Jon C Suttich
Trustees Deed
related
—
Jan 12, 2016
—
Jon C Suttich
—
Trustees Deed
related
$13,199 · Ntl Management LLC
May 1, 2003
$525,000
Jon C Suttich
Gibbs,monte B
Grant Deed
$468,000 · Cnl Commercial Finance INC
Jan 13, 1994
—
David Kelley
Gilmour,t L & Ka
Quit Claim Deed
related
—
—
—
Jon C Suttich
—
Deed Of Trust
related
$750,000 · Timberland Bank
—
—
Sandra B Gibbs
—
Deed Of Trust
related
$50,000 · Seafirst 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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