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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Automotive properties
2202 Everett Ave Everett, WA 98201-3704
Individually Owned
Free & Clear
Property ID
US90-1015417
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1916
Construction
WOOD
Total area
4,276 SF
Lot
0.17 ac (7,405 SF)
Zoning code
F6
APN
437863100100
UPID
US90-1015417
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
-
S.H Home Staging & Design Department Store
-
Mr. Dryer Vent Worlds Home Appliance Store Hardware & Home Improvement
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
-
CARQUEST AUTO PARTS #3458 Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.21M
Owner & transaction history
Everett School District 2
Everett School District 2
since 2025
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
F6 · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+68.0%
Office building
$1.5M
+54.4%
Warehouse, storage
$1.3M
+39.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$950,000
Current use
MEDICAL BUILDING
$1,595,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$1,465,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,320,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,010,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$885,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±10% · vs last sale $1.20M (Dec 15 2025)
Last sale anchor
$1.20M
Dec 15 2025
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
$282 / 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
Tax billed
$8,851
Tax year 2023
Assessed value
$1,077,900
Assessed 2023
Previous assessed
$951,900
+13.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$393,400
Assessed improvement
$684,500
Land market value
$393,400
Improvement market value
$684,500
Total market value
$1,077,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1916
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
4,276 SF
Lot
0.17 ac (7,405 SF)
Zoning code
F6
APN
437863100100
UPID
US90-1015417
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
AUTO REPAIR, GARAGE Current
Est. value
$950,000
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$885,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (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
1916
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Everett School District 2
Individual
Free & Clear · 0 yrs held
Mailing address
2202 EVERETT AVE, EVERETT, WA 98201-3704
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$1,200,000
Everett School District 2
Steven Teigen
Warranty Deed
—
Jun 28, 2001
—
Everett School District #2
Tiegen,steven A & Karen V
Quit Claim Deed
related
—
Aug 11, 1997
$250,000
Steven A Teigen
Stutzman,james E & Ellamary
Grant Deed
$267,000 · First Heritage Bank
Jan 1, 1989
$107,000
James E Stutzman
Unknown
Quit Claim Deed
related
$72,760 · Frontier Bank
—
—
Steven A Teigen
—
Deed Of Trust
related
$265,000 · Us Bank NA
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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