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Property profile & analytics
OFF-MARKET
Retail space
2110 Madison St Everett, WA 98203-5311
Individually Owned
5-yr Hold
Free & Clear
Property ID
US90-0290242
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
WOOD
Total area
1,316 SF
Lot
0.14 ac (6,098 SF)
Zoning code
B-1
APN
545001800900
UPID
US90-0290242
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
-
Sugar Collective Hair Salon
-
Olympic General Contractors Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Denise C Benzel · 5 yrs held
Denise C Benzel
since 2021
Last sale
$365,000
7 recorded transactions
Zoning & alternative use
B-1 · 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
—
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
$3,934
Tax year 2023
Assessed value
$477,900
Assessed 2023
Previous assessed
$389,200
+22.8% YoY
Effective rate
0.82%
On assessed value
Assessed land
$286,000
Assessed improvement
$191,900
Land market value
$286,000
Improvement market value
$191,900
Total market value
$477,900
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
FORCED AIR
Stories
2
Rooms
5
Bathrooms
1
Total area
1,316 SF
Lot
0.14 ac (6,098 SF)
Zoning code
B-1
APN
545001800900
UPID
US90-0290242
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Everett, WA
Zoning B-1 · permitted uses
B-1 · 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
1922
Construction
WOOD
Heating
FORCED AIR
Stories
2
Rooms
5
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Denise C Benzel
Individual
Free & Clear · 5 yrs held
Mailing address
8417 NAKETA LN, MUKILTEO, WA 98275-2925
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
—
Denise C Benzel
Denise C Benzel
Intrafamily Transfer
related
—
Oct 4, 2019
$365,000
Benzel LLC
Dale P Woodard
Warranty Deed
—
Oct 5, 2015
—
Dale P Woodard
Woodard,dale P & Carla C
Quit Claim Deed
related
—
Jun 28, 2011
$161,000
Dale P Woodard
Fannie Mae
Bargain And Sale Deed
$136,850 · Cobalt Mortgage INC
Apr 26, 2000
$154,500
Alan Westerlund
Bumpass,earl H & Christine
Grant Deed
$153,682 · Western Sunrise Mortgage Corp
May 5, 1997
$132,000
Eral H Bumpass
Chism,michael A & Amy J
Grant Deed
$234,800 · Frontier Bank
Mar 3, 1994
$120,000
Michael A Chism
Hansen,guy K & A
Grant Deed
$119,892 · Phoenix Mortgage & Investment
Oct 1, 1988
$62,000
Guy K Hansen
Unknown
Grant Deed
$62,620 · Company Misc
—
—
Dale P Woodard
—
Deed Of Trust
related
$130,000 · Commercial Lndg
—
—
Jesse L Mayor
—
Deed Of Trust
related
$51,000 · Boeing Employees Cu
—
—
Alan Westerlund
—
Deed Of Trust
related
$152,400 · Countrywide Home Loans INC
—
—
Alan Westerlund
—
Deed Of Trust
related
$154,810 · Rbmg INC
—
—
Alan Westerlund
—
Deed Of Trust
related
$18,200 · America's Wholesale Lender
—
—
Alan Westerlund
—
Deed Of Trust
related
$145,600 · America's Wholesale Lender
—
—
Kelly Westerlund
—
Deed Of Trust
related
$45,000 · Boeing Employees Cu
—
—
Alan Westerlund
—
Deed Of Trust
related
$100,000 · Boeing Employees Cu
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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