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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Office buildings
1812 Hewitt Ave Everett, WA 98201-5817
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-0662684
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1900
Construction
TYPE NOT SPECIFIED
Total area
7,240 SF
Lot
0.1 ac (4,356 SF)
Zoning code
F4
APN
439168502500
UPID
US90-0662684
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
-
Carolyn Powell Attorney at Law Law Firm
-
BMA Court Reporters Law Firm
-
The Law Office of Sam Sommerman Law Firm
-
Westwinds Behavioral Health Medical Clinic
-
everett polygraph services Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Ladene M Fowler · 1 yrs held
Ladene M Fowler
since 2025
Last sale
$30,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$162 / 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
$2,476
Tax year 2023
Assessed value
$992,000
Assessed 2023
Previous assessed
$992,000
+0.0% YoY
Effective rate
0.25%
On assessed value
Assessed land
$299,600
Assessed improvement
$692,400
Land market value
$299,600
Improvement market value
$692,400
Total market value
$992,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
7,240 SF
Lot
0.1 ac (4,356 SF)
Zoning code
F4
APN
439168502500
UPID
US90-0662684
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
1900
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ladene M Fowler
Individual
Free & Clear · 1 yrs held
Mailing address
8626 171ST AVE SE STE #102, SNOHOMISH, WA 98290-6175
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 11, 2025
—
Ladene M Fowler
Ladene M Fowler
Deed
related
—
Oct 3, 2024
—
Karl A Froelich
Karl A Froelich
Intrafamily Transfer
related
—
Jul 18, 2013
$30,281
1812 Building LLC
Mccrossen Building Associates
Quit Claim Deed
related
—
Oct 28, 2003
—
Finley Langabeer Ptshp
Finley,william A & Sandra K
Quit Claim Deed
related
—
—
—
Finley Langabeer Partnership
—
Deed Of Trust
related
$149,228 · Frontier Bank
—
—
1812 Building LLC
—
Deed Of Trust
related
$352,679 · Frontier Bank
—
—
1812 Building LLC
—
Deed Of Trust
related
$337,986 · Us Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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