Financial
Distress signals
Property profile

1104 132Nd St SW Everett, WA 98204

FOR LEASE
Other warehouses
Property ID
US90-0733834
30,565 SF 2 ac lot Built 1989
Last sale Mar 1990 · $1,600,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1104 132Nd St SW, Everett, WA 98204 For Lease
Contact for pricing 19,423 SF available
1104 132Nd St SW, Everett, WA 98204
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Property summary

AI-generated overview

The property is a commercial warehouse facility totaling 19,423 square feet, including 2,180 square feet of office space. The warehouse has a 24-foot clear height and is configured with heavy power. It includes two dock doors and two grade-level doors to support loading and access. The site is positioned with convenient access to Interstate 5 in both directions (north and south).

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.

Mortgages

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?
$40k
Tax billed · 2023
Assessed value$4.68M
Assessed land$2.10M
Assessed improvement$2.58M
Effective rate0.86%

Value estimate

· Sep 2026
$1.79M
$1.61M – $1.97M
AI approach$1.72M
NOI build-up
Gross scheduled income$277k
Vacancy & credit loss−$22k
Operating expenses−$77k
NOI · 8,950,400.00% cap applied$179k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$309/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$100 – $453
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8,950,400.00%
$179k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SK
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 Firm19.9
Realty agency11.0
Pawn Shop10.7

Location

1104 132Nd St SW Everett, WA 98204
County assessor Recorded deeds · 4 transfers 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11504 Airport, Everett, WA 98204-3743 $5,000,000 Jan 2026 25,200 SF
2010 Casino, Everett, WA 98204-1402 $6,600,000 Oct 2024 34,740 SF
720 132nd SW, Everett, WA 98204-9359 $8,600,000 May 2024 40,128 SF
2211 Casino, Everett, WA 98204-1456 $185,000 Dec 2020 35,826 SF
11917 26th Pl W Ste, Everett, WA 98204-5127 $4,380,000 Sep 2019 19,311 SF
13100 4th W, Everett, WA 98204 $10,250,000 Apr 2019 44,128 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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