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Property profile & analytics
OFF-MARKET
Estimated value
$5,980,000
Manufacturing properties
1615 Msn Rd Everson, WA 98247-8780
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-1275331
Property profile
Verified
Property type
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built
1996
Total area
90,000 SF
Lot
27.14 ac (1,182,218 SF)
Zoning code
LI
APN
390301 447324 0000
UPID
US90-1275331
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
-
Selco Mill Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$5.98M
Owner & transaction history
South Everson Lumber Co INC · 9 yrs held
South Everson Lumber Co INC
since 2017
1 recorded transaction
Zoning & alternative use
LI · Everson, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Light industrial district (LI zone). § 19.41.120 Public districts (P and ROS zones). § 19.41.130 Permit - Required. § 19.41.140 Permit - Application. § 19.41.150 Permit - Fees and approval. § 19.41.160 Conditional use permits and variances.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
171.43 ac
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 Everson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everson 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.98M
Range $5.38M – $6.58M · ±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
$66 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$81,721
Tax year 2021
Assessed value
$6,536,784
Assessed 2022
Previous assessed
$6,536,784
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$650,220
Assessed improvement
$5,886,564
Land market value
$650,220
Improvement market value
$5,886,564
Total market value
$6,536,784
Applied tax rate
602.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Status
Off-Market
Year built
1996
Heating
NONE
Cooling
YES
Buildings
5
Total area
90,000 SF
Lot
27.14 ac (1,182,218 SF)
Zoning code
LI
APN
390301 447324 0000
UPID
US90-1275331
Jurisdiction
WHATCOM
Zoning & alternative use
LI · Everson, WAZoning LI · permitted uses
LI · Everson, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Light industrial district (LI zone). § 19.41.120 Public districts (P and ROS zones). § 19.41.130 Permit - Required. § 19.41.140 Permit - Application. § 19.41.150 Permit - Fees and approval. § 19.41.160 Conditional use permits and variances.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
171.43 ac
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Cooling
Yes
Buildings
5
Lot
27.14 ac
Current owner
From public records · entity-resolved
South Everson Lumber Co INC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 309, EVERSON, WA 98247-0309
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2017
$70,000
South Everson Lumber Co INC
Bnsf Railway Co
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.
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