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Property profile & analytics
OFF-MARKET
Manufacturing properties
222 Marine Vw Dr, Everett, WA 98201-1029
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0723810
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
11,227 SF
Lot
8.68 ac (378,101 SF)
Zoning code
MS
APN
29050700101200
UPID
US90-0723810
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
-
Heidelberg Materials, Asphalt Building Supply Industrial Manufacturer
-
Laport Corp Corporate Office
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
Hm Pacific Northwest I LLC · 1 yrs held
Hm Pacific Northwest I LLC
since 2024
Last sale
$14.4M
7 recorded transactions
Zoning & alternative use
MS · 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
$24,937
Tax year 2023
Assessed value
$3,035,400
Assessed 2023
Previous assessed
$2,889,000
+5.1% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,956,200
Assessed improvement
$1,079,200
Land market value
$1,956,200
Improvement market value
$1,079,200
Total market value
$3,035,400
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
11,227 SF
Lot
8.68 ac (378,101 SF)
Zoning code
MS
APN
29050700101200
UPID
US90-0723810
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MS · Everett, WA
Zoning MS · permitted uses
MS · 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
1995
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
8.68 ac
Current owner
From public records · entity-resolved
Hm Pacific Northwest I LLC
Entity
Mailing address
PO BOX 973, ANACORTES, WA 98221-0973
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
$14,400,000
Hm Pacific Northwest I LLC
W&w Everett In Vestments LLC
Bargain & Sale Deed
—
Feb 23, 2024
—
W&w Everett Investments LLC
—
Deed
related
$28,000,000 · Benaroya Holdings LLC
Nov 21, 2023
—
W&w Everett Investments LLC
—
Deed
related
$70,000 · Benaroya Holdings LLC
Mar 4, 2021
—
W&w Everett Investments LLC
—
Deed
related
$11,110,000 · Benaroya Holdings LLC
Jun 30, 2017
—
W & W Everett Investments LLC
—
Deed
related
$450,000 · Cemex Const Materials Pacific
Dec 31, 2013
$2,450,000
W & W Everett Investments LLC
Jeld-wen INC
Grant Deed
$2,500,000 · William Wooding
Jul 9, 2009
—
Jeld-wen INC
—
Deed Of Trust
related
$573,000,000 · Bank Of America
—
—
W & W Everett Investments LLC
—
Deed Of Trust
related
$450,000 · Cemex Const Materials Pacific
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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