Financial
Distress signals
Property profile

118 Southwest Everett Mall Way Everett, WA 98204

FOR LEASE
Retail space
Property ID
US90-1584765
3,000 SF 0.4 ac lot Built 1982
Last sale Feb 2022 · $2,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex warehouse on a 46,611 SF lot with a 3,000 SF building and a 30,860 SF storage yard. It is configured with a secured, yard-based storage component alongside finished interior space intended to support professional front-of-house use while accommodating practical warehousing or service operations; the flexible layout and on-site parking support a range of commercial applications. The site is positioned along a high-traffic corridor with immediate access to Interstate 5,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$991k
Assessed land$717k
Assessed improvement$275k
Effective rate0.75%

Value estimate

· Sep 2026
$2.19M
$1.97M – $2.40M
AI approach$2.18M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$325/SF
Submarket average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$174 – $489
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.7
Wholesale Shop19.3
Building Supply18.3

Location

118 Southwest Everett Mall Way Everett, WA 98204
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8907 Evergreen, Everett, WA 98208-2626 $600,000 Jun 2023 2,000 SF
8407 Evergreen, Everett, WA 98208-2625 $4,360,000 Mar 2022 5,439 SF
203 130th SE, Everett, WA 98208-6465 $1,767,012 Jun 2021 6,254 SF
8519 Evergreen, Everett, WA 98208-2616 $1,200,000 Dec 2020 3,367 SF
8500 Evergreen, Everett, WA 98208-2614 $750,000 Dec 2020 3,192 SF
1606 Everett Mall, Everett, WA 98208-2835 $2,023,453 Jan 2019 5,084 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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