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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Office buildings
10505 19th SE Ave Everett, WA 98208-4280
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1557949
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1999
Construction
WOOD
Total area
6,230 SF
Lot
0.43 ac (18,731 SF)
Zoning code
B-2B
APN
28052000203200
UPID
US90-1557949
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
-
P. Renjen - State Farm Insurance Agent Insurance Agency
-
City Appraisal Group Real Estate Agency
-
Edward Jones - Financial Advisor: Joe Gogal, AAMS™ Financial Advisor
-
Jon Luebke Physician
-
Cascade Summit Rehab Administration Office Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Kosnik Family LLC · 9 yrs held
Kosnik Family LLC
since 2016
6 recorded transactions
Zoning & alternative use
B-2B · 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%
$1,855,000
6.5%
$1,710,000
7%
$1,590,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,020,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,925,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$198 / 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
$12,010
Tax year 2023
Assessed value
$1,495,000
Assessed 2023
Previous assessed
$1,396,000
+7.1% YoY
Effective rate
0.80%
On assessed value
Assessed land
$590,600
Assessed improvement
$904,400
Land market value
$590,600
Improvement market value
$904,400
Total market value
$1,495,000
Applied tax rate
56.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
6,230 SF
Lot
0.43 ac (18,731 SF)
Zoning code
B-2B
APN
28052000203200
UPID
US90-1557949
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
B-2B · Everett, WA
Zoning B-2B · permitted uses
B-2B · 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
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.9M
RETAIL STORES
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Kosnik Family LLC
Entity
Mailing address
15319 72ND DR SE, SNOHOMISH, WA 98296-8621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
—
Kosnik Family LLC
—
Deed
related
$500,000 · Us Bank Trust Co NA
Jul 29, 2016
$865,000
Kosnik Family LLC
R A Johnson Family LP
Warranty Deed
$665,000 · R A Johnson Family LP
Dec 30, 2003
—
R A Johnson Family LP
Johnson,richard A & Carolyn L
Quit Claim Deed
related
—
Aug 5, 1998
—
Richard A Johnson
—
Grant Deed
related
$500,000 · Frontier Bank
Oct 24, 1997
$175,000
Richard A Johnson
Dungey,richard A & Sharel
Grant Deed
—
—
—
Richard A Dungey
—
Deed Of Trust
related
$93,366 · First Heritage Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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