Individually Owned
No photos on file
For Sale
$998,000
2011 Madison St, Everett, WA 98203
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Property summary
AI-generated overview
Interurban Corner is a mixed-use property located in Everett’s urban core. The site consists of a 26,572-square-foot corner lot with alley access and a lot coverage of 26.3%. The property includes a 7,629-square-foot structure arranged with three storefronts, three apartments, and three flex spaces, and provides more than 20 parking spaces. The building is configured for multiple uses suitable for retail or commercial activity combined with residential and flexible space. It is zoned NB and is located within an Opportunity Zone, supporting phased development potential. The property is near the Interurban Trail, the future light rail, and the stadium district.
Property profile
Verified
Property type
Other automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1947
Construction
WOOD
Total area
4,855 SF
Lot
0.61 ac (26,572 SF)
Zoning code
F1
APN
544700501300
UPID
US90-1508836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Discount Store
-
Hair Salon
-
Skin Care Clinic
-
Tattoo & Piercing Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$305k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$435k
Owner & transaction history
Zoning & alternative use
F1 · Everett, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$435k
Value range
$392k – $479k
±10% around blend
Estimated value / SF
$90 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
70
$392k
blend $435k
$479k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,855 SF
Lot area
0.61 ac
Year built
1947
Stories
2
APN
544700501300
Zoning
F1
Assessed value
$1,013,400
Annual tax
$8,332
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.87M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.1 mi away · 4,276 SF
8.7 mi away · 4,062 SF
9.8 mi away · 3,716 SF
17.8 mi away · 4,600 SF
20.7 mi away · 4,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$435k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 44 sales
$352
-75%
County 137 sales
$434
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $90/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.01M
Move the market yield to see immediate price impact.
Value / SF
$209
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$64k
$1.28M
$912k
$709k
$71k
$1.42M
$1.01M
$788k
$78k
$1.56M
$1.11M
$867k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$2.10M
2.4 mi · Jan 2026 · $438/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,332
Tax year 2023
Assessed value
$1,013,400
Assessed 2023
Previous assessed
$984,000
+3.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$681,400
Assessed improvement
$332,000
Land market value
$681,400
Improvement market value
$332,000
Total market value
$1,013,400
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1947
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
0
Total area
4,855 SF
Lot
0.61 ac (26,572 SF)
Zoning code
F1
APN
544700501300
UPID
US90-1508836
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Everett, WAZoning F1 · permitted uses
F1 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
0
Lot
0.61 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
F1
Jurisdiction
Everett, WA
Recorded code
F1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for F1 in Everett, WA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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