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Property profile & analytics
OFF-MARKET
Estimated value
$10,125,000
Warehouses
10011 3rd SE Ave, Everett, WA 98208-3933
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US90-1098693
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1991
Construction
WOOD
Total area
70,200 SF
Lot
6.63 ac (288,803 SF)
Zoning code
C1R
APN
28051900201200
UPID
US90-1098693
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
A one sales Big Box & Wholesale Store
-
Everett Mall Mini Storage Storage Facility
-
Tavares General Upholstery Furniture & Home Goods Home Decor Store
-
M&N Absolute Auto Repair Auto Repair Shop
-
Online Radio Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.13M
Owner & transaction history
Everett Mall Mini INC · 28 yrs held
Everett Mall Mini INC
since 1997
7 recorded transactions
Zoning & alternative use
C1R · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,880,000
6.5%
$10,970,000
7%
$10,185,000
Blend value · Realmo final
$10.13M
Range $9.11M – $11.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$86,241
Tax year 2023
Assessed value
$11,437,300
Assessed 2023
Previous assessed
$6,859,000
+66.7% YoY
Effective rate
0.75%
On assessed value
Assessed land
$7,494,500
Assessed improvement
$3,942,800
Land market value
$7,494,500
Improvement market value
$3,942,800
Total market value
$11,437,300
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
2
Total area
70,200 SF
Lot
6.63 ac (288,803 SF)
Zoning code
C1R
APN
28051900201200
UPID
US90-1098693
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1R · Everett, WA
Zoning C1R · permitted uses
C1R · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
6.63 ac
Current owner
From public records · entity-resolved
Everett Mall Mini INC
Entity
Mailing address
9636 EVERGREEN DR, BELLEVUE, WA 98004-4038
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
Everett Mall Mini INC
—
Deed
related
$7,200,000 · Alaska USA FCU
Sep 26, 1997
—
Everett Mall Mini INC
Deesenberg,william H & Cynthia B
Quit Claim Deed
related
—
Dec 1, 1989
$926,107
Duesenberg Family Trust
Unknown
Quit Claim Deed
related
—
—
—
William H Duesenberg
—
Deed Of Trust
related
$340,000 · Seafirst Bank
—
—
Everett Mall Mini INC
—
Deed Of Trust
related
$7,000,000 · Ladder Cap Fin
—
—
Everett Mall Mini INC
—
Deed Of Trust
related
$3,300,000 · Heller Financial
—
—
Everett Mall Mini INC
—
Deed Of Trust
related
$4,550,000 · Barclays Capital R E INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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