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    9701 Evergreen Way Everett, WA 98204

    For Sale
    $1,699,000

    High-traffic location with long-term tenants and development potential.

    Property size:
    8,521 SF

    Property Features for 9701 Evergreen Way

    General Information

    Standard status
    Active
    Size
    8,521 SF

    Building Details

    Year built
    1947

    Source: JOHN L. SCOTT Agent ROBERT MAPLE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Everett Retail Investment Opportunity

    This investment property, currently operating as a retail space, is located at a busy intersection, offering high visibility from all directions. The property includes a building with over 8000 square feet situated on a parcel shy of an acre. The property is fully leased to long-term tenants with no vacancies, generating a 7% CAP rate. The property is located in a high traffic corridor and has been up-zoned for density increase and height limits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gold Buyers of Everett Gold Dealer Diamonds of Seattle Diamond Buyer G & H Pawn ... Pawn Shop G & H Pawn Pawn Shop NG Auto Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2393686
    Latitude
    47.9091836

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    FAQs

    What type of property is this?
    Investment property - High-traffic location with long-term tenants and development potential.
    Where is this investment property located?
    The property is located at 9701 Evergreen Way Everett, WA.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - 7% CAP Rate with long-term tenants.; - High-traffic location at a busy intersection with great visibility.; - Large parcel, shy of an acre.
    Request Owner's contact information
    9701 Evergreen Way Everett, WA 98204
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    Everett, WA 98204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9701 Evergreen Way Everett, WA 98204
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