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Property profile & analytics
FOR SALE
Retail space
1201 Southeast Everett Mall Way Everett, WA 98208
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0283991
For Sale
1 / 6
$2,260,000
1201 Southeast Everett Mall Way, Everett, WA 98208
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
15,240 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1R
APN
28051800404300
UPID
US90-0283991
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
-
Quality Sewing & Vacuum (Bike/Boat/Book/etc) Store
-
Jazzy Nails & Spa Nail Salon
-
Mattress Depot USA Furniture & Home Goods
-
Edward Jones - FinanciaI Advisor Financial Advisor
-
L’amour Hair Nail & Spa Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.26M
Owner & transaction history
Everett Mall II LLC · 9 yrs held
Everett Mall II LLC
since 2016
3 recorded transactions
Zoning & alternative use
C1R · 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
$148 / 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
$27,551
Tax year 2023
Assessed value
$3,353,900
Assessed 2023
Previous assessed
$3,208,000
+4.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,586,000
Assessed improvement
$1,767,900
Land market value
$1,586,000
Improvement market value
$1,767,900
Total market value
$3,353,900
Applied tax rate
10.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
15,240 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1R
APN
28051800404300
UPID
US90-0283991
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1R · Everett, WA
Zoning C1R · permitted uses
C1R · 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
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Everett Mall II LLC
Entity
Mailing address
12411 VENTURA BLVD, STUDIO CITY, CA 91604-2407
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2016
—
Everett Mall II LLC
Everett Mall 01 LLC
Quit Claim Deed
$27,000,000 · Benefit Street Ptrs Cre Fin Ll
Oct 25, 2002
—
Everett Mall 01 LLC
—
Deed Of Trust
related
$15,400,000 · Bank Of America
Mar 26, 2002
$19,150,000
Everett Mall O1
Everett Pacific Corp
Grant Deed
related
$15,300,000 · Bank Of America
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?”
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