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Property profile & analytics
OFF-MARKET
Outlet malls
2807 Highland Ave Everett, WA 98201-3828
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1391159
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1974
Construction
WOOD
Total area
1,728 SF
Lot
0.43 ac (18,731 SF)
Zoning code
F8
APN
593565001500
UPID
US90-1391159
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
-
Pacific Star Gutter Services Hardware & Home Improvement General Contractor
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
Kyle Martel · 3 yrs held
Kyle Martel
since 2022
Last sale
$180,000
7 recorded transactions
Zoning & alternative use
F8 · 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
$5,034
Tax year 2023
Assessed value
$581,100
Assessed 2023
Previous assessed
$482,300
+20.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$418,000
Assessed improvement
$163,100
Land market value
$418,000
Improvement market value
$163,100
Total market value
$581,100
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
1,728 SF
Lot
0.43 ac (18,731 SF)
Zoning code
F8
APN
593565001500
UPID
US90-1391159
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F8 · Everett, WAZoning F8 · permitted uses
F8 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Kyle Martel
Individual
Mailing address
2807 HIGHLAND AVE, EVERETT, WA 98201-3828
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
$950,000
Kyle Martel
Michael M Martel
Warranty Deed
related
$850,000 · Michael Martel
Jan 9, 2001
$180,000
Michael M Martel
Robertson,dale
Grant Deed
$231,000 · Frontier Bank
Jan 1, 1993
$265,000
Michael Patrice Martel
Unknown
Grant Deed
$198,700 · Seller
—
—
Michael M Martel
—
Deed Of Trust
related
$218,000 · North County Bank
—
—
Michael M Martel
—
Deed Of Trust
related
$247,093 · Coastal Community Bank
—
—
Michael M Martel
—
Deed Of Trust
related
$31,200 · Donald & Helen Watson
—
—
Michael M Martel
—
Deed Of Trust
related
$29,500 · North County Bank
—
—
Michael M Martel
—
Deed Of Trust
related
$182,156 · Frontier Bank
—
—
Michael M Martel
—
Deed Of Trust
related
$70,000 · North County 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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