Back to Search
Property profile & analytics
FOR SALE
Retail space
9512 Canyon Rd E Puyallup, WA 98371
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-1439321
No photos on file
For Sale
$3,000,000
9512 Canyon Rd E, Puyallup, WA 98371
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
WOOD FRAME
Total area
8,670 SF
Lot
1.05 ac (45,694 SF)
Zoning code
RNC
APN
320364058
UPID
US90-1439321
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
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.41M
Owner & transaction history
Blue Max Real Estate LLC
Blue Max Real Estate LLC
since 2026
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,255,000
6.5%
$1,155,000
7%
$1,075,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,195,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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
$162 / 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
$18,672
Tax year 2024
Assessed value
$1,375,800
Assessed 2024
Previous assessed
$1,375,800
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$794,200
Assessed improvement
$581,600
Land market value
$794,200
Improvement market value
$581,600
Total market value
$1,375,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1982
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
3
Total area
8,670 SF
Lot
1.05 ac (45,694 SF)
Zoning code
RNC
APN
320364058
UPID
US90-1439321
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RNC · Puyallup, WA
Zoning RNC · permitted uses
RNC · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$2.2M
WAREHOUSE, STORAGE
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
1982
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
3
Lot
1.05 ac
Current owner
From public records · entity-resolved
Blue Max Real Estate LLC
Entity
Mailing address
32807 41ST WAY S, FEDERAL WAY, WA 98001-5167
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
—
Blue Max Real Estate LLC
Canyon Shop LLC
Deed
—
May 1, 2026
—
Blue Max Real-estate LLC
—
Deed
related
$1,171,000 · Ameritrust Cdc
Mar 31, 2026
$2,800,000
Blue Max Real Estate LLC
Canyon Shop LLC
Warranty Deed
$1,417,510 · Harborstone Cu
Mar 19, 2019
—
Pierce Cnty
Kim,se J & Hoe B
Correction Deed
related
—
Nov 5, 2018
—
Canyon Shop LLC
—
Deed
related
$100,001 · Us Bank NA
Jul 3, 2018
—
Canyon Shop LLC
Bong Kim Hoe
Quit Claim Deed
related
$600,000 · Us Bank NA
Dec 28, 2006
$1,350,000
Se J Kim
Schwartz,harold
Warranty Deed
$750,000 · Mirae Bank
Apr 21, 2006
$1,060,000
Harold Schwartz
Harper,kenneth G
Warranty Deed
$835,000 · Kenneth G Harper
Oct 15, 1999
$425,000
Kenneth G Harper
New Pacific Development Corp
Grant Deed
$318,750 · Frontier Bank
—
—
Kim Se J & Hoe B
—
Deed Of Trust
related
$648,000 · Bbcn Bk
—
—
Kenneth G Harper
—
Deed Of Trust
related
$50,000 · Frontier Bank
—
—
Kenneth G Harper
—
Deed Of Trust
related
$50,000 · Frontier Bank
—
—
Darlene K Maggard
—
Deed Of Trust
related
$49,856 · Household Finance Corp III
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?”
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.
