New search
Property profile & analytics
FOR LEASE
Office buildings
11314 4Th Ave W Everett, WA 98204
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1435125
For Lease
$15 SF/Yr
11314 4Th Ave W, Everett, WA 98204
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2002
Construction
WOOD
Total area
22,052 SF
Lot
1.06 ac (46,174 SF)
Zoning code
SJ
APN
442900200101
UPID
US90-1435125
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
-
Pacific Wellness & Lactation Medical Clinic
-
Allstate Personal Financial Representative: Christopher Longworth Insurance Agency
-
Amy Elizabeth Fitzpatrick Alternative Medicine Practice
-
Center for Human Services - South Everett Medical Clinic
-
Jake O'Banion - COUNTRY Financial representative Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.67M
Owner & transaction history
Garden Grove II Office Park · 24 yrs held
Garden Grove II Office Park
since 2001
5 recorded transactions
Zoning & alternative use
SJ · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$166 / 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
$38,655
Tax year 2023
Assessed value
$4,595,400
Assessed 2023
Previous assessed
$3,970,000
+15.8% YoY
Effective rate
0.84%
On assessed value
Assessed land
$567,600
Assessed improvement
$4,027,800
Land market value
$567,600
Improvement market value
$4,027,800
Total market value
$4,595,400
Applied tax rate
2,363.0000
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
For Lease
Year built
2002
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
22,052 SF
Lot
1.06 ac (46,174 SF)
Zoning code
SJ
APN
442900200101
UPID
US90-1435125
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SJ · Everett, WA
Zoning SJ · permitted uses
SJ · 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
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Garden Grove II Office Park
Individual
Mailing address
11611 AIRPORT RD STE B1, EVERETT, WA 98204-3782
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2001
—
Garden Grove II Office Park
Mietzner,richard H
Quit Claim Deed
related
$2,400,000 · Evertrust Bank
Jul 20, 2001
—
Richard H Mietzner
Mietzner Land Co LLC
Quit Claim Deed
related
—
Jul 20, 2001
$77,000
Richard M Mietzner
Mietzner,jeffrey W & Tracey L
Quit Claim Deed
related
—
Jul 20, 2001
$168,500
Richard M Mietzner
Mietzner,michael S & Angelica E
Quit Claim Deed
related
—
May 29, 1998
$825,000
Mietzner Land Company LLC
Stock Show 4
Grant Deed
$640,000 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
