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Financial
Distress signals
Property profile

12521 Evergreen Dr Mukilteo, WA 98275

OFF-MARKET
Other warehouses
Property ID
US90-0737004
19,500 SF 1.54 ac lot Built 1982
Last sale Nov 2021 · $4,250,000
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

In Mukilteo, Washington, this flex building totals approximately 6,397 square feet, with about 3,997 square feet allocated to warehouse use and about 2,400 square feet configured as office space. The office area includes an open reception/showroom, six private offices, a bullpen/conference area, and a kitchenette, supported by four restrooms (three for office use and one for warehouse personnel). Industrial access is provided by one oversized dock-high door and one oversized drive-in door, each…

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.

Debts

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?
$23k
Tax billed · 2023
Assessed value$3.32M
Assessed land$1.23M
Assessed improvement$2.09M
Effective rate0.70%

Value estimate

· Oct 2026
$4.94M
$4.44M – $5.43M
AI approach$5.06M
CAP approach$3.80M
Submarket $/SF estimate$5.93M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$130 – $453
Qualifying comparables6

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?
LI
The purpose of this district LI is to promote Light Industrial uses.
General categoryINDUSTRIAL
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 Firm18.3
Garden Center13.1
Realty agency12.6

Location

12521 Evergreen Dr Mukilteo, WA 98275-5709
County assessor Recorded deeds · 7 transfers 6 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4708 Chennault Bch, Mukilteo, WA 98275-4919 $55,055,000 Feb 2026 20,520 SF
13008 Beverly Park, Mukilteo, WA 98275-5846 $5,650,000 Mar 2025 23,000 SF
11502 Cyrus, Mukilteo, WA 98275-5404 $4,000,000 Oct 2024 25,662 SF
7804 40th W, Mukilteo, WA 98275-2814 $1,500,000 Sep 2024 19,304 SF
4201 Russell, Mukilteo, WA 98275-5427 $3,295,000 Mar 2024 21,600 SF
11208 47th W, Mukilteo, WA 98275-5002 $2,700,000 Jun 2021 17,111 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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