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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail properties & Spaces
11525 19th SE Ave, Everett, WA 98208-5116
Individually Owned
8-yr Hold
Free & Clear
Property ID
US90-0755793
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1988
Construction
WOOD
Total area
6,931 SF
Lot
0.38 ac (16,553 SF)
Zoning code
F1
APN
574800100102
UPID
US90-0755793
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
-
Leviticus Music Center Vocational School Training Center
-
On SilverLake Wedding Service
-
Silver Lake Childcare Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Edwin M Wright · 8 yrs held
Edwin M Wright
since 2017
7 recorded transactions
Zoning & alternative use
F1 · 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
$147 / 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
$11,929
Tax year 2023
Assessed value
$1,485,000
Assessed 2023
Previous assessed
$1,508,000
-1.5% YoY
Effective rate
0.80%
On assessed value
Assessed land
$548,500
Assessed improvement
$936,500
Land market value
$548,500
Improvement market value
$936,500
Total market value
$1,485,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
6,931 SF
Lot
0.38 ac (16,553 SF)
Zoning code
F1
APN
574800100102
UPID
US90-0755793
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Everett, WA
Zoning F1 · permitted uses
F1 · 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
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Edwin M Wright
Individual
Free & Clear · 8 yrs held
Mailing address
11525 19TH AVE SE, EVERETT, WA 98208-5116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Jan 10, 2018
—
Edwin M Wright
—
Deed
related
$461,898 · Mountain Pacific Bk
Dec 21, 2017
—
Edwin M Wright
Wright,susan I
Affidavit Of Death
related
—
Nov 26, 1997
—
Wright E M
—
Grant Deed
related
$575,000 · Interwest Bank
Oct 1, 1994
$750,000
—
—
Grant Deed
related
—
Dec 1, 1992
—
Alexander,robt W
—
Deed Of Trust
related
—
—
—
Edwin M Wright
—
Deed Of Trust
related
$461,898 · Mountain Pacific Bk
—
—
Wright E M
—
Deed Of Trust
related
$100,752 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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