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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Turn key restaurants
2802 Hewitt Ave, Everett, WA 98201-3820
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0057793
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Construction
WOOD
Total area
1,196 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C-1
APN
593669400500
UPID
US90-0057793
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
-
76 Gas Station
-
Viking Mart Grocery & Convenience Store
-
Mobil Gas Station
-
Buenos Diaz Coffee Co. Take-out & Catering Cafe & Coffee Shop
-
InstaBitATM Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
Everett West Station LLC · 1 yrs held
Everett West Station LLC
since 2024
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
C-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
Method
Estimation
Statistic approach
$2,900,000
ML approach
$2,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $2.90M (Jul 16 2024)
Last sale anchor
$2.90M
Jul 16 2024
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
$2,425 / 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
$17,258
Tax year 2023
Assessed value
$1,946,000
Assessed 2023
Previous assessed
$1,622,000
+20.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$468,800
Assessed improvement
$1,477,200
Land market value
$468,800
Improvement market value
$1,477,200
Total market value
$1,946,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
1,196 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C-1
APN
593669400500
UPID
US90-0057793
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.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Everett West Station LLC
Entity
Mailing address
2802 SE HEWITT AVE, EVERETT, WA 98201-3820
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$2,900,000
Everett West Station LLC
Roheen LLC
Warranty Deed
$3,285,000 · Mountain Pacific Bank
Jul 11, 2024
—
Everett West Station LLC
—
Deed
related
—
Oct 2, 2020
—
Roheen LLC
—
Deed
related
$25,000 · Phillips 66 Co
Sep 24, 2020
—
Roheen LLC
—
Deed
related
$1,800,000 · Pacific City Bank
Aug 18, 2020
—
Roheen LLC
—
Deed Of Trust
related
$25,000 · Phillips 66 Co
Jul 5, 2019
$1,800,000
Roheen LLC
Leeji INC
Warranty Deed
$1,768,000 · Open Bank
Feb 14, 2005
$1,500,000
Leeji INC
Johnston Jack H Trust
Warranty Deed
$1,204,678 · City Bank
Apr 2, 2004
$300,000
Johnson,tr
Johnston Products INC
Grant Deed
related
$200,000 · Johnston Products INC
—
—
Leeji INC
—
Deed Of Trust
related
$150,000 · Phillips 66 Co
—
—
Leeji INC
—
Deed Of Trust
related
$1,126,000 · Unibank
—
—
Leeji INC
—
Deed Of Trust
related
$1,170,000 · Centerbank
—
—
Roheen LLC
—
Deed Of Trust
related
$25,000 · Phillips 66 Co
—
—
Leeji INC
—
Deed Of Trust
related
—
—
—
Leeji INC
—
Deed Of Trust
related
$70,000 · Unibank
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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