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Property profile & analytics
OFF-MARKET
Estimated value
$11,785,000
Retail space
10011 Evergreen Way Everett, WA 98204-3858
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3264480
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
55,133 SF
Lot
13.63 ac (593,723 SF)
Zoning code
F6
APN
28042400200100
UPID
US90-3264480
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
-
Hobby Lobby (Bike/Boat/Book/etc) Store
-
Colton & Sons Plumbing Services Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.62M
CAP Approach
CAP
$12.25M
Comparable Approach
Comparable
$12.49M
Blend (final)
Blend
$11.79M
Owner & transaction history
B10 Mountain B Wa LLC · 1 yrs held
B10 Mountain B Wa LLC
since 2025
7 recorded transactions
Zoning & alternative use
F6 · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$19.4M
+8.4%
Office building
$18.6M
+4.1%
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
$10,620,000
CAP Approach
CAP Return
Estimation
6%
$13,270,000
6.5%
$12,250,000
7%
$11,375,000
Alternative Use
Use
Estimation
RETAIL STORES
$17,895,000
Current use
AUTO REPAIR, GARAGE
$19,395,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$18,625,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$17,035,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$11.79M
Range $10.61M – $12.96M · ±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
$214 / 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
$240,097
Tax year 2023
Assessed value
$31,844,000
Assessed 2023
Previous assessed
$29,114,000
+9.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$20,484,900
Assessed improvement
$11,359,100
Land market value
$20,484,900
Improvement market value
$11,359,100
Total market value
$31,844,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
6
Stories
2
Total area
55,133 SF
Lot
13.63 ac (593,723 SF)
Zoning code
F6
APN
28042400200100
UPID
US90-3264480
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F6 · Everett, WA
Zoning F6 · permitted uses
F6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$17.9M
AUTO REPAIR, GARAGE
Est. value
$19.4M
OFFICE BUILDING
Est. value
$18.6M
WAREHOUSE, STORAGE
Est. value
$17.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Buildings
6
Lot
13.63 ac
Current owner
From public records · entity-resolved
B10 Mountain B Wa LLC
Entity
Mailing address
PO BOX 130339, CARLSBAD, CA 92013-0339
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
B10 Mountain B Wa LLC
Roic Washington LLC
Warranty Deed
—
Nov 12, 2021
$37,150,000
Roic Washington LLC
South Point Plaza LLC
Bargain And Sale Deed
—
Mar 3, 2006
$30,000,000
South Point Plaza LLC
Regency Centers
Warranty Deed
$21,920,000 · Merrill Lynch Mortgage Lending
May 8, 2001
$23,962,000
Cv Associates LLC
Covington Farms Apartments LLC
Grant Deed
$2,950,000 · Pw Funding INC
Apr 9, 1997
$14,618,780
Pacific Retail Trust
Spieker Properties #183 LP
Grant Deed
—
Mar 1, 1988
$8,500,000
Jefferson-benoliel #183 S-h
Unknown
Grant Deed
—
—
—
Bigfoot Properties Xxii LLC
—
Deed Of Trust
related
$313,029 · Sterling Bank
—
—
South Point Plaza LLC
—
Deed Of Trust
related
$20,500,000 · Homestreet Bk
—
—
Martin A Nemet
—
Deed Of Trust
related
$52,283 · Washington Mutual Fsb
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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