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Financial
Distress signals
Property profile

2 Casino Rd Everett, WA 98204

OFF-MARKET
Apartment buildings
Property ID
US90-3313633
192,840 SF 9.22 ac lot Built 1969
Last sale Dec 2005 · $11,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$48.00M
Assessed land$6.59M
Assessed improvement$41.40M

Value estimate

· Oct 2026
$33.63M
$30.27M – $36.99M
CAP approach$43.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$504/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$237 – $915

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
FP
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.1
Catering Service8.9
Watch Repair Shop8.8

Location

2 Casino Rd Everett, WA 98204-1702
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 85th SW, Everett, WA 98204-1706 $8,974,650 Dec 2025 161,280 SF
12522 8th W, Everett, WA 98204-1849 $35,092,250 Nov 2024 142,128 SF
9900 12th W, Everett, WA 98204-1133 $91,690,000 Oct 2022 306,096 SF
11812 Gibson, Everett, WA 98204-8691 $34,761,655 Dec 2021 164,100 SF
12102 4th W, Everett, WA 98204-5713 $76,000,000 Apr 2019 301,746 SF
702 Casino, Everett, WA 98204-1664 $7,448,685 Dec 2018 179,341 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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