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Property profile & analytics
OFF-MARKET
Retail space
2120 Broadway Everett, WA 98201-2320
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-3359835
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Total area
1,122 SF
Lot
0.1 ac (4,356 SF)
Zoning code
F6
APN
439143902100
UPID
US90-3359835
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
-
Bakery Panaderia La Gloria Bakery Specialty Food Shop
-
Pink Flamingo Massage Spa Alternative Medicine Practice Spa & Massage Center
-
Thailand Massage Alternative Medicine Practice Spa & Massage Center
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
Tony Siew · 18 yrs held
Tony Siew
since 2007
7 recorded transactions
Zoning & alternative use
F6 · 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
$928
Tax year 2023
Assessed value
$113,000
Assessed 2023
Previous assessed
$113,000
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$108,000
Assessed improvement
$5,000
Land market value
$108,000
Improvement market value
$5,000
Total market value
$113,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1910
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
1,122 SF
Lot
0.1 ac (4,356 SF)
Zoning code
F6
APN
439143902100
UPID
US90-3359835
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.
Building & site characteristics
From public records
Year built
1910
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Tony Siew
Individual
Mailing address
11909 SILVER LK DR, EVERETT, WA 98208-2528
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2007
—
Tony Siew
Tec Holdings 51 LLC
Warranty Deed
$305,000 · Silver Hill Financial LLC
Mar 23, 2007
$640,000
Tec Holdings 51 LLC
Hendrickson,kevin & Jona
Warranty Deed
$616,500 · Kevin & Jona Hendrickson
Dec 2, 2003
$475,000
Kevin Hendrickson
Landi,joseph T & Joan R
Grant Deed
—
Sep 5, 1996
$255,000
Joseph T Landi
Bavasi,robert J & Margaret B
Grant Deed
$163,629 · Us Bank Of Washington
Oct 1, 1989
$79,000
Robert J Bavasi
Unknown
Grant Deed
$198,290 · First Interstate Bank Washingt
—
—
Tony Siew
—
Deed Of Trust
related
$305,000 · Coastal Cmnty Bk
—
—
Robert J Bavasi
—
Deed Of Trust
related
$609,000 · First Interstate Bank Washingt
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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