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Investment Highlights

  • Highly visible location on Meridian Avenue East with access from a full signalized intersection.
  • Flexible pad sizes with development options for multiple retail or service uses, including drive-thru formats.
  • Established South Hill Puyallup trade area with stable demographics and continued population growth.
  • Traffic counts exceeding 43,907 vehicles per day ensure strong exposure and connectivity.
  • Surrounded by major national tenants and retail destinations, creating a strong co-tenancy environment.
  • Site includes some utilities in place, reducing upfront infrastructure costs for buyers.

Executive Summary

Meridian Pad Sites present a rare opportunity to acquire commercial land in the fast-growing South Hill Puyallup trade area, one of Pierce County’s most active retail corridors. Located along Meridian Avenue East, the property provides exceptional visibility at a fully signalized intersection, ensuring strong vehicular access for future development. With traffic counts exceeding 43,907 vehicles daily, the site benefits from a robust consumer base and high exposure potential.
Surrounded by national retailers, such as Target, Walmart, Fred Meyer, PetSmart, and numerous dining establishments, this property offers immediate proximity to significant retail anchors that drive consistent customer traffic. Its flexible pad configurations (ranging from 25K to 66.7K SF) and allowance for multiple commercial uses, including drive-thru options, provide investors or developers with adaptable design solutions for retail or service-driven tenants.
Infrastructure advantages include some utilities already in place and a location within an established retail corridor with excellent population densities. Puyallup’s rapid growth, combined with strong income levels and a thriving business ecosystem, underpins long-term value and scalability for owner-operators or developers seeking to position within one of the region’s most dynamic commercial markets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Bank
  • Carwash
  • Daycare Centre
  • Fast Food
  • Medical
  • Restaurant
  • Service Station
  • Strip Centre
  • Veterinarian or Kennel
Total Lot Size 1.53 AC
Zoning UVX

1 Lot Available

Lot

Lot Size 1.53 AC

Pad sites 25,000 - 66,700sf, Retail/Commercial Land

Description

The property is located at 15305 Meridian Avenue East in Puyallup, Washington, within the South Hill area. It sits at the intersection of Meridian Avenue East and 152nd Street East, providing signalized access. The surrounding area consists of a mix of national retail chains, service providers, and residential neighborhoods. Average daily traffic counts along Meridian Avenue East exceed 43,907 vehicles. The site is near shopping centers such as Sunrise Village Mall and Rainier View Marketplace and offers connectivity to State Route 161 and nearby major roads. Utilities are partially available on-site.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 041922-3001
  • 041922-3010
Land Assessment
$2,734,931 CAD
Improvements Assessment
$9,316 CAD
Total Assessment
$2,744,247 CAD
  • Listing ID: 40160086

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 15305 Meridian E, Puyallup, WA 98375

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