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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail properties & Spaces
1913 Madison St Everett, WA 98203-5316
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1310942
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1955
Construction
WOOD
Total area
3,514 SF
Lot
0.14 ac (6,098 SF)
Zoning code
F1
APN
544700401600
UPID
US90-1310942
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
-
Amazing Salon Hair Salon
-
House Of Beauty'z Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$780k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Samad Properties LLC · 10 yrs held
Samad Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
F1 · 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%
$845,000
6.5%
$780,000
7%
$725,000
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$181 / 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
$6,652
Tax year 2023
Assessed value
$808,900
Assessed 2023
Previous assessed
$538,900
+50.1% YoY
Effective rate
0.82%
On assessed value
Assessed land
$288,000
Assessed improvement
$520,900
Land market value
$288,000
Improvement market value
$520,900
Total market value
$808,900
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
1955
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
3,514 SF
Lot
0.14 ac (6,098 SF)
Zoning code
F1
APN
544700401600
UPID
US90-1310942
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Everett, WA
Zoning F1 · permitted uses
F1 · 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
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Samad Properties LLC
Entity
Mailing address
8311 HUNTS PT PL, HUNTS POINT, WA 98004-1005
Ownership since
2015
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
Mar 30, 2021
—
Samad Properties LLC
—
Deed
related
$462,590 · Umpqua Bank
Oct 14, 2015
$180,000
Samad Properties LLC
Shelann Properties LLC
Warranty Deed
—
Mar 27, 2009
—
Shelann Properties LLC
Rowett,duane S & Rebecca A
Quit Claim Deed
related
—
Dec 1, 1991
$116,500
Duane S Rowett
Unknown
Grant Deed
—
—
—
Duane S Rowett
—
Deed Of Trust
related
$157,500 · Frontier Bank
—
—
Rizwan Samad
—
Deed Of Trust
related
$500,000 · Private Individual
—
—
Duane S Rowett
—
Deed Of Trust
related
$184,000 · Frontier Bank
—
—
Duane S Rowet
—
Deed Of Trust
related
$15,357 · Frontier Bank
—
—
Duane S Rowett
—
Deed Of Trust
related
$225,000 · Frontier Bank
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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