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    1503 Pacific Ave Everett, WA 98201

    • Banks
    • 4,059 SF
    • 0.34 lot acres
    For Lease
    View listing
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US90-0486561
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community Health Care Fed CU / Federal Credit Union

    Property Details for 1503 Pacific Ave

    Year built
    1960
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.34 lot acres
    Property size
    4,059 SF
    Zone code
    F4
    Property type
    Banks
    APN
    645171801200
    APU
    645171801200

    Description

    This exceptional 3,900 square foot medical office building, situated on a 0.34-acre lot at 1503 Pacific Ave, Everett, WA 98201, presents a unique investment opportunity. Built in 1960, this single-story structure boasts a classic retro design and offers twelve parking spaces. The property is zoned B3 and features a convenient location at the corner of Pacific Avenue and Hoyt Avenue, placing it within walking distance of downtown Everett's vibrant amenities, including restaurants, bars, and the Angel of the Winds Arena. The building's single-tenant occupancy provides stability and ease of management. The property's address is 1503 Pacific Ave, Everett, WA 98201, with APN 006451-718-012-00. Its prime location and unique character make it an ideal space for a variety of medical practices seeking a distinctive and well-situated office. The building's history as a former Greyhound bus depot adds to its charm and character. This property offers a blend of vintage appeal and modern functionality, making it a compelling investment opportunity in a thriving urban setting. The building's single-story design and ample parking further enhance its practicality and appeal. This is a rare chance to acquire a well-located, single-tenant medical office building with significant character and potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.209
    Latitude
    47.9768
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,663
    $641,600
    $413,400
    $1,055,000
    -
    $641,600
    $413,400
    $1,055,000

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    1503 Pacific Ave
    Everett, WA 98201
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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
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