Tacoma · Commercial sale
Orchard Center buys 5314 To 5316 Orchard St W in University Place for $1.52 million
An office building at 5314 To 5316 Orchard St W, University Place sold for $1,520,000 on September 11, 2026. See the seller and buyer net sheets for this.
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- Sale price
- $1,520,000
- Sold
- September 11, 2026
- Property type
- Office building
- Building area
- 5,750 sq ft
- Price per sq ft
- $264
- Year built
- 1983
The office building at 5314 To 5316 Orchard St W sold for $1,520,000 on September 11, 2026. That was 24% below its recorded market value of $2,012,200, according to the Pierce County Assessor-Treasurer's sales records.
The record lists Orchard Center LLC as the buyer. Assessor's records show 5,750 square feet of building area, a build year of 1983 and a 0.5-acre lot. The price works out to $264 per square foot.
The last sale on record was $1,050,000 in 2015, according to the Assessor's records. The latest price was 45% above that.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Pierce County?
By our estimate, the seller's two largest charges, not counting prorations, were $18,511 for the state real estate excise tax (graduated) and $7,600 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.
How much did the seller net?
By our estimate, the seller netted about $1,486,175. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,518,269 at closing. That covers the full price and closing costs.
Source: Pierce County Assessor-Treasurer, sales data downloads, document 4699188. 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.
