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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1618 Broadway Everett, WA 98201-1724
Individually Owned
16-yr Hold
Free & Clear
Property ID
US90-0952740
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
1,492 SF
Lot
0.14 ac (6,098 SF)
Zoning code
F2
APN
438233602300
UPID
US90-0952740
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 Household Goods Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Uyen Phung · 16 yrs held
Uyen Phung
since 2010
7 recorded transactions
Zoning & alternative use
F2 · 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
—
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
$3,511
Tax year 2023
Assessed value
$427,500
Assessed 2023
Previous assessed
$415,000
+3.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$379,000
Assessed improvement
$48,500
Land market value
$379,000
Improvement market value
$48,500
Total market value
$427,500
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,492 SF
Lot
0.14 ac (6,098 SF)
Zoning code
F2
APN
438233602300
UPID
US90-0952740
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F2 · Everett, WA
Zoning F2 · permitted uses
F2 · 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
2006
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Uyen Phung
Individual
Free & Clear · 16 yrs held
Mailing address
7202 77TH DR NE, MARYSVILLE, WA 98270-6549
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2010
—
Uyen Phung
Phung,quang
Quit Claim Deed
related
—
Apr 14, 2005
—
Quang Phung
Phung,uyen P
Quit Claim Deed
related
—
Apr 14, 2005
$187,000
Quang Phung
Bae,byeong W
Warranty Deed
$149,600 · Pacifica Bank
Sep 17, 2002
$143,000
Byeong W Bae
Lin,shu C
Grant Deed
$84,000 · Pacifica Bank
Jan 30, 1998
$85,000
Shu C Lin
Westergreen,james A & Carol A
Grant Deed
—
Feb 29, 1996
$48,097
James A Westergreen
Joehnick,thomas P & Patti A
Quit Claim Deed
related
$62,250 · Interwest Savings Bank
Mar 27, 1995
$79,130
Thomas P Joehnck
Forester,allen R & Barbara
Grant Deed
$64,130 · Seller
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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