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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Manufacturing properties
1220 75th SW St, Everett, WA 98203-6252
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0706777
Property profile
Verified
Property type
Manufacturing properties
Use group
ASSEMBLY (LIGHT INDUSTRIAL)
Year built
1981
Construction
TYPE NOT SPECIFIED
Total area
10,170 SF
Lot
1.15 ac (50,094 SF)
Zoning code
M-M
APN
28041100102000
UPID
US90-0706777
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
-
Axiom Division 7 Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$555k
Owner & transaction history
Camelot Investments LLC · 8 yrs held
Camelot Investments LLC
since 2018
3 recorded transactions
Zoning & alternative use
M-M · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$875,000
+58.8%
Retail stores
$670,000
+21.9%
Commercial (general)
$570,000
+3.8%
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
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
ASSEMBLY (LIGHT INDUSTRIAL)
$550,000
Current use
INDUSTRIAL (GENERAL)
$875,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$670,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$55 / 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
$15,969
Tax year 2023
Assessed value
$2,066,000
Assessed 2023
Previous assessed
$2,066,000
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$892,800
Assessed improvement
$1,173,200
Land market value
$892,800
Improvement market value
$1,173,200
Total market value
$2,066,000
Applied tax rate
25.0000
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
Manufacturing properties
Use group
ASSEMBLY (LIGHT INDUSTRIAL)
Status
Off-Market
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
10,170 SF
Lot
1.15 ac (50,094 SF)
Zoning code
M-M
APN
28041100102000
UPID
US90-0706777
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M-M · Everett, WA
Zoning M-M · permitted uses
M-M · 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
ASSEMBLY (LIGHT INDUSTRIAL) Current
Est. value
$550,000
INDUSTRIAL (GENERAL)
Est. value
$875,000
RETAIL STORES
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$570,000
ASSEMBLY (LIGHT INDUSTRIAL) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1981
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Camelot Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1841 FRNT ST STE A, LYNDEN, WA 98264-1721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 30, 2018
—
Camelot Investments LLC
Heimann,barbara
Quit Claim Deed
related
—
Mar 30, 2018
$2,500,000
Halo Holdings LLC
Camelot Investments LLC
Warranty Deed
$1,875,000 · Washington Federal NA
Dec 28, 2000
—
Camelot Investments LLC
Heiman,barbara
Quit Claim 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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