Tacoma · Commercial sale
Tri-Cities Self-Storage buys 16826 Meridian E in South Hill for $9.15 million
A self-storage facility at 16826 Meridian E, South Hill sold for $9,150,000 on July 21, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $9,150,000
- Sold
- July 21, 2026
- Property type
- Self-storage facility
- Building area
- 32,800 sq ft
- Price per sq ft
- $279
- Year built
- 1987
A self-storage facility at 16826 Meridian E in South Hill sold for $9,150,000 on July 21, 2026, more than double its assessed market value of $4,202,700, according to the Pierce County Assessor-Treasurer's sales records. Tri-Cities Self-Storage LLC purchased the property from Puyallup Storage & RV LLC.
The deed conveys 2 parcels, with 16826 Meridian E as the largest one identified. The Assessor's records show 32,800 square feet of building area on a 2.48-acre lot, putting the price at $279 per square foot. The building dates to 1987.
What this sale costs to close
What does closing cost at this price? Under Pierce County custom the seller's larger charges are $243,575 for the state real estate excise tax (graduated) and $45,750 for the local real estate excise tax (0.50%). The seller's estimated net is $8,795,625 before brokerage commissions and any loan payoff. A cash buyer would need about $9,105,430 at closing.
Source: Pierce County Assessor-Treasurer, sales data downloads, document 4696927. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
