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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Sports & entertainment properties
2000 Hewitt Ave Everett, WA 98201-3600
Individually Owned
27-yr Hold
Free & Clear
Property ID
US90-0863110
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1964
Total area
7,436 SF
Lot
5.06 ac (220,414 SF)
Zoning code
F6
APN
439168701902
UPID
US90-0863110
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
-
Everett Silvertips Gym & Fitness Center
-
Benjamin M. Boyle, DPT, PES, CSCS Physician
-
Everett Figure Skating Club Gym & Fitness Center
-
Cornel West Community College
-
NW Kid's Fair Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$560k
Owner & transaction history
Carlin L Mckinley · 27 yrs held
Carlin L Mckinley
since 1998
4 recorded transactions
Zoning & alternative use
F6 · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$800,000
+82.8%
Industrial (general)
$755,000
+73.1%
Retail stores
$715,000
+63.0%
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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$435,000
Current use
MEDICAL BUILDING
$800,000
Change: +83% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$755,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$715,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$75 / 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
Assessed value
$46,741,000
Assessed 2023
Previous assessed
$44,482,000
+5.1% YoY
Assessed land
$7,835,500
Assessed improvement
$38,905,500
Land market value
$7,835,500
Improvement market value
$38,905,500
Total market value
$46,741,000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
7,436 SF
Lot
5.06 ac (220,414 SF)
Zoning code
F6
APN
439168701902
UPID
US90-0863110
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F6 · Everett, WA
Zoning F6 · permitted uses
F6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$435,000
MEDICAL BUILDING
Est. value
$800,000
INDUSTRIAL (GENERAL)
Est. value
$755,000
RETAIL STORES
Est. value
$715,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.06 ac
Current owner
From public records · entity-resolved
Carlin L Mckinley
Individual
Free & Clear · 27 yrs held
Mailing address
3200 CEDAR ST, EVERETT, WA 98201-4516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 1998
$860,000
Carlin L Mckinley
Obco Investments INC
Grant Deed
—
Feb 28, 1995
$503,000
—
Terry Golf Indus
Grant Deed
related
—
Dec 13, 1993
$550,000
Opie INC
Mcleod,t G & San
Grant Deed
$504,049 · First Heritage Bank
—
—
Carlin L Mckinley
—
Deed Of Trust
related
$180,000 · Jefferson Savings & Loan Assn
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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