New search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Industrial properties
11715 Hwy 99, Everett, WA 98204-4809
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-0830875
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1978
Construction
WOOD
Total area
6,150 SF
Lot
1.26 ac (54,886 SF)
Zoning code
SJ
APN
442900203201
UPID
US90-0830875
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
-
Sure Would Inc Garden Center Hardware & Home Improvement
-
DC Materials Inc. Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$535k
Owner & transaction history
Rjr South LLC · 5 yrs held
Rjr South LLC
since 2021
2 recorded transactions
Zoning & alternative use
SJ · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$870,000
+62.9%
Office building
$775,000
+45.9%
Auto repair, garage
$755,000
+41.7%
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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LUMBERYARD, BUILDING MATERIALS
$535,000
Current use
RESTAURANT
$870,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$755,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$655,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$570,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$87 / 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
$14,911
Tax year 2023
Assessed value
$1,609,200
Assessed 2023
Previous assessed
$1,156,000
+39.2% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,550,200
Assessed improvement
$59,000
Land market value
$1,550,200
Improvement market value
$59,000
Total market value
$1,609,200
Applied tax rate
2,310.0000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Rooms
1
Bathrooms
1
Total area
6,150 SF
Lot
1.26 ac (54,886 SF)
Zoning code
SJ
APN
442900203201
UPID
US90-0830875
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.
Alternative use value scenarios
Repositioning upside vs current use
LUMBERYARD, BUILDING MATERIALS Current
Est. value
$535,000
RESTAURANT
Est. value
$870,000
OFFICE BUILDING
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$655,000
MEDICAL BUILDING
Est. value
$570,000
LUMBERYARD, BUILDING MATERIALS Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1978
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Bathrooms
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Rjr South LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9020 61ST PL W, MUKILTEO, WA 98275-3338
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2021
—
Rjr South LLC
Rex Merle Miller Family Limited Par
Quit Claim Deed
related
—
Mar 1, 1992
$250,000
—
—
Grant Deed
related
—
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?”
You own 11715 Hwy 99?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
