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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
2715 Hewitt Ave Everett, WA 98201-3739
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3228349
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Construction
TYPE NOT SPECIFIED
Total area
1,988 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
593665700300
UPID
US90-3228349
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
-
Hair by Sheilynne Hair Salon Nail Salon
-
D. R. Beauty Spa & Massage Center Skin Care Clinic
-
Trend Hair Society Hair Salon Nail Salon
-
Color by Cartier Hair Salon
-
Hello Pads Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$440k
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$665k
Owner & transaction history
Trendhair LLC · 5 yrs held
Trendhair LLC
since 2021
Last sale
$636,500
5 recorded transactions
Zoning & alternative use
C-1 · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$740,000
+79.7%
Office building
$680,000
+65.2%
Warehouse, storage
$615,000
+49.0%
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
$710,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$480,000
6.5%
$440,000
7%
$410,000
Alternative Use
Use
Estimation
RETAIL STORES
$410,000
Current use
MEDICAL BUILDING
$740,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$680,000
Change: +65% · Conversion: Easy
WAREHOUSE, STORAGE
$615,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$470,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $637k (Feb 12 2021)
Last sale anchor
$637k
Feb 12 2021
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
$335 / 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
$4,976
Tax year 2023
Assessed value
$606,000
Assessed 2023
Previous assessed
$561,000
+8.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$290,400
Assessed improvement
$315,600
Land market value
$290,400
Improvement market value
$315,600
Total market value
$606,000
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
1901
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
1,988 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
593665700300
UPID
US90-3228349
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Everett, WA
Zoning C-1 · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$410,000
MEDICAL BUILDING
Est. value
$740,000
OFFICE BUILDING
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$440,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1901
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Trendhair LLC
Entity
Mailing address
2706 86TH DR NE, LAKE STEVENS, WA 98258-6433
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$636,500
Trendhair LLC
Hewitt Property LLC
Warranty Deed
$600,000 · Beneficial State Bank
Aug 9, 2013
$380,000
Hewitt Property LLC
Wood Brick Associates LLC
Warranty Deed
$285,000 · Whidbey Island Bank
Oct 21, 2008
$580,000
Wood Brick Associates LLC
Arlie Becker
Warranty Deed
$464,000 · Us Bank NA
Jun 14, 2004
—
Arlie Becker
Connell,dawn A Est
Grant Deed
related
$220,000 · Frontier Bank
—
—
Dawn A Est Connell
—
Deed Of Trust
related
$70,000 · Frontier Bank
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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