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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Retail space
1705 Hewitt Ave Everett, WA 98201-3520
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0303123
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1912
Construction
TYPE NOT SPECIFIED
Total area
11,040 SF
Lot
0.13 ac (5,663 SF)
Zoning code
F4
APN
439166601100
UPID
US90-0303123
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
-
Gold E Lofts Art Gallery Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.31M
Owner & transaction history
1700 Block Hewitt LLC · 10 yrs held
1700 Block Hewitt LLC
since 2016
7 recorded transactions
Zoning & alternative use
F4 · 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
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
$1.31M
Range $1.17M – $1.44M · ±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
$118 / 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
$10,881
Tax year 2023
Assessed value
$1,325,000
Assessed 2023
Previous assessed
$1,170,000
+13.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$342,800
Assessed improvement
$982,200
Land market value
$342,800
Improvement market value
$982,200
Total market value
$1,325,000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1912
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
11,040 SF
Lot
0.13 ac (5,663 SF)
Zoning code
F4
APN
439166601100
UPID
US90-0303123
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F4 · Everett, WA
Zoning F4 · permitted uses
F4 · 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
1912
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
1700 Block Hewitt LLC
Entity
Mailing address
PO BOX 12577, EVERETT, WA 98206-2577
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2017
—
1202 Hewitt Associates LLC
—
Grant Deed
related
$4,232,000 · Americas Cu
Jan 13, 2016
—
1700 Block Hewitt LLC
2011 Hewitt Associates LLC
Quit Claim Deed
related
$1,175,000 · Big Mountain Capital Lenders L
Nov 4, 2005
$2,000,000
2011 Hewitt Associates LLC
Sno-king Investments LLC
Warranty Deed
—
Nov 4, 2005
—
Sno-king Investments LLC
Ocean Pacific Dev LLC
Quit Claim Deed
related
—
Aug 18, 2005
—
Ocean Pacific Dev LLC
Sno-king Investments LLC
Quit Claim Deed
related
—
Sep 15, 1999
$250,449
Sno-king Invesments LLC
Kim,choon S
Grant Deed
—
Mar 1, 1993
$276,000
Choon Sik Kim
Unknown
Grant Deed
$176,600 · Seller
—
—
Sno-king Investments LLC
—
Deed Of Trust
related
$200,000 · City Bank
—
—
Snd-king Investments LLC
—
Deed Of Trust
related
$600,000 · Pro-wall INC
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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