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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail properties & Spaces
12503 Evergreen Dr Mukilteo, WA 98275-5711
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0828294
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1985
Construction
WOOD
Total area
3,000 SF
Lot
1.37 ac (59,677 SF)
Zoning code
LI
APN
441300003600
UPID
US90-0828294
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
-
888.ROOF.911 Roofing Company General Contractor
-
America 1st Roofing & Builders, Inc Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$570k
Owner & transaction history
Mazzarella I LLC · 8 yrs held
Mazzarella I LLC
since 2018
7 recorded transactions
Zoning & alternative use
LI · Mukilteo, 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 Mukilteo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mukilteo 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$190 / 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
$7,976
Tax year 2023
Assessed value
$1,135,800
Assessed 2023
Previous assessed
$842,100
+34.9% YoY
Effective rate
0.70%
On assessed value
Assessed land
$1,109,700
Assessed improvement
$26,100
Land market value
$1,109,700
Improvement market value
$26,100
Total market value
$1,135,800
Applied tax rate
673.0000
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
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
3,000 SF
Lot
1.37 ac (59,677 SF)
Zoning code
LI
APN
441300003600
UPID
US90-0828294
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Mukilteo, WA
Zoning LI · permitted uses
LI · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Mazzarella I LLC
Entity
Mailing address
22300 WOODWAY PARK RD, WOODWAY, WA 98020-4173
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2018
—
Mazzarella I LLC
—
Deed
related
$800,000 · First Fed'l S&l Assoc/port Ang
Jan 19, 2018
$1,200,000
Mazzarella I LLC
Jrh Properties LLC
Warranty Deed
$800,000 · Jrh Properties LLC
Jun 22, 2006
$1,000,000
Jrh Properties LLC
Evergreen 96 Associates
Warranty Deed
$800,000 · Key Bank NA
—
—
Jrh Properties LLC
—
Deed Of Trust
related
$1,250,000 · Craft3 Capital Corp
—
—
Jrh Properties LLC
—
Deed Of Trust
related
$980,000 · Key Bank NA
—
—
Jrh Properties LLC
—
Deed Of Trust
related
$500,000 · Systems Rooters Supply INC
—
—
Jrh Properties LLC
—
Deed Of Trust
related
$1,000,000 · Craft3 Capital Corp
—
—
Evergreen 36 Associates LP
—
Deed Of Trust
related
$175,000 · Us Bank NA
—
—
Mazzarella I LLC
—
Deed Of Trust
related
$800,000 · First Fed'l S&l Assoc/port Ang
—
—
Evergreen 36 Associates LP
—
Deed Of Trust
related
$175,000 · Us Bank NA
—
—
Evergreen 36 Associates
—
Deed Of Trust
related
$148,000 · Western Fsb
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.
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