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118 Southwest Everett Mall Way Everett, WA 98204

FOR LEASE
Retail space
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Property ID
US90-1584765
3,000 SF 0.4 ac Built 1982
Last sale Feb 2022·$2,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
118 Southwest Everett Mall Way, Everett, WA 98204 For Lease 1 / 8
Contact for pricing 3,000 SF available
118 Southwest Everett Mall Way, Everett, WA 98204
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Property summary

AI-generated overview

This flex office building with a secured storage yard is located at 118 SE Everett Mall Way in Everett, Washington, on a high-traffic corridor with immediate access to Interstate 5. The property includes approximately 3,000 SF of building area and a 46,611 SF lot, with about 30,860 SF dedicated to a secured storage yard. The interior layout is configured for flexible use to support a range of operational needs, and the property includes on-site parking calculated at approximately 5.33 stalls per 1,000 rentable SF to support customer and employee access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$991k
Assessed land$717k
Assessed improvement$275k
Effective rate0.75%

Value estimate

· Nov 2026
$2.19M
$1.97M – $2.40M
AI approach$2.18M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$325/SF
Submarket average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$174 – $489
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
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 Firm22.7
Wholesale Shop19.3
Building Supply18.3

Location

118 Southwest Everett Mall Way Everett, WA 98204
County assessor Recorded deeds · 5 transfers 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8907 Evergreen, Everett, WA 98208-2626 $600,000 Jun 2023 2,000 SF
8407 Evergreen, Everett, WA 98208-2625 $4,360,000 Mar 2022 5,439 SF
203 130th SE, Everett, WA 98208-6465 $1,767,012 Jun 2021 6,254 SF
8519 Evergreen, Everett, WA 98208-2616 $1,200,000 Dec 2020 3,367 SF
8500 Evergreen, Everett, WA 98208-2614 $750,000 Dec 2020 3,192 SF
1606 Everett Mall, Everett, WA 98208-2835 $2,023,453 Jan 2019 5,084 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

Comparable nearby

  • Value Estimation
    $300,000
    3,027 SF
    1902 110th SE St
    FINANCIAL BUILDING
    1902 110th SE St, Everett, WA 98208-5134
    View Details
  • Value Estimation
    $845,000
    3,192 SF
    8500 Evergreen Way
    FINANCIAL BUILDING
    8500 Evergreen Way, Everett, WA 98208-2614
    View Details
  • Value Estimation
    $340,000
    4,043 SF
    10524 19th SE Ave
    FINANCIAL BUILDING
    10524 19th SE Ave, Everett, WA 98208-4276
    View Details
  • Value Estimation
    $605,000
    2,000 SF
    8907 Evergreen Way
    RETAIL STORES (PERSONAL SERVICES)
    8907 Evergreen Way, Everett, WA 98208-2626
    View Details
  • Value Estimation
    $355,000
    4,528 SF
    1803 112th SE St
    FINANCIAL BUILDING
    1803 112th SE St, Everett, WA 98208-4830
    View Details
  • Value Estimation
    $725,000
    5,076 SF
    10432 19th SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    10432 19th SE Ave, Everett, WA 98208
    View Details

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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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