12720 4th W Ave Everett, WA 98204-5707
Property profile & analytics
12720 4th W Ave Everett, WA 98204-5707
- Retail space
- 14,491 SF
- 1.65 lot acres
Property ID
US90-0748099
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mailbox/1 Hour Photo / Photography Service / (Bike/Boat/Book/etc) Store
- Diamond Nails / Nail Salon
- Everett Heating & Cooling / HVAC Service / General Contractor
- 451 Videography / Photography Service / (Bike/Boat/Book/etc) Store
- Liberty Tax / Accounting Firm / Tax Preparation
Property Details for 12720 4th W Ave
- Year built
- 1984
- Construction
- CONCRETE
- Lot size
- 1.65 lot acres
- Property size
- 14,491 SF
- Zone code
- UC
- Property type
- Retail space
- APN
- 380500000100
- APU
- 380500000100
Description
This exceptional 900-square-foot retail space at Mariner Marketplace in Snohomish County presents a unique investment opportunity. Built in 1984, this single-tenant property boasts a highly desirable location with unparalleled accessibility. Benefit from direct access to Interstate 5, maximizing exposure to a substantial customer base. The property's strategic placement is further enhanced by its proximity to a planned Link Light Rail station, anticipated to significantly increase foot traffic and accessibility. Conveniently located within a 1-2 minute walk of multiple bus stops, this space ensures easy commutes for both employees and customers. The property sits on a high-traffic signalized intersection, experiencing a combined daily vehicle count exceeding 54,000 cars from 4th Ave W and I-5 E & 128th St W. Low market vacancy rates for comparable retail spaces underscore the strong demand in this area. Local ownership ensures responsive management and a commitment to tenant success. The asking rate is $2,250 per month, NNN. This property offers a compelling combination of location, accessibility, and high traffic volume, making it an ideal investment for discerning retail businesses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,530,000
- ML approach
- $4,560,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,485,000
- 6.5%
- $3,220,000
- 7%
- $2,990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,995,000
Market price range: $2.53M - $7.09M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,705,000 Current use
- RESTAURANT
- $6,830,000 Change: +45% Conversion: Easy
- MEDICAL BUILDING
- $5,400,000 Change: +15% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,100,000 Change: +8% Conversion: Difficult
- OFFICE BUILDING
- $4,895,000 Change: +4% Conversion: Easy
- WAREHOUSE, STORAGE
- $4,475,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.239
- Latitude
- 47.8825
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,981
$1,735,000
$2,222,200
$3,957,200
-
$1,735,000
$2,222,200
$3,957,200
