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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
3005 Everett Ave Everett, WA 98201-3811
Entity Owned
14-yr Hold
Property ID
US90-0296219
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1999
Construction
WOOD
Total area
2,088 SF
Lot
0.11 ac (4,792 SF)
Zoning code
F2
APN
29052000409900
UPID
US90-0296219
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
-
First Call Construction Hardware & Home Improvement Interior Design
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
Everett Avenue Hmb LLC · 14 yrs held
Everett Avenue Hmb LLC
since 2012
7 recorded transactions
Zoning & alternative use
F2 · 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
$3,938
Tax year 2023
Assessed value
$479,500
Assessed 2023
Previous assessed
$428,000
+12.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$243,700
Assessed improvement
$235,800
Land market value
$243,700
Improvement market value
$235,800
Total market value
$479,500
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
2
Rooms
4
Bathrooms
1
Total area
2,088 SF
Lot
0.11 ac (4,792 SF)
Zoning code
F2
APN
29052000409900
UPID
US90-0296219
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F2 · Everett, WA
Zoning F2 · permitted uses
F2 · 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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
4
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Everett Avenue Hmb LLC
Entity
Mailing address
2821 RUCKER AVE, EVERETT, WA 98201-3424
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2012
$190,000
Everett Avenue Hmb LLC
Ppb Everett Ave LLC
Bargain And Sale Deed
$142,500 · Prime Pacific Bank N A
Mar 11, 2011
$55,898
Ppb Everett Ave LLC
Prime Pacific Bank NA
Quit Claim Deed
related
—
Feb 23, 2011
—
Prime Pacific Bank NA
Mckenzie Patrick K
Trustees Deed
related
—
Feb 10, 1999
—
Richard A Cervasi
Gervasi,richard A
Quit Claim Deed
related
$150,000 · Washington Mutual Fsb
Jul 1, 1989
$57,400
Richard Gervasi
Unknown
Grant Deed
$58,548 · Pacific First Fsb
—
—
Richard A Gervasi
—
Deed Of Trust
related
$30,000 · First Heritage Bank
—
—
Richard Gervasi
—
Deed Of Trust
related
$74,700 · Norwest Mortgage INC
—
—
Richard A Gervasi
—
Deed Of Trust
related
$75,000 · Horizon Bank
—
—
Richard A Gervasi
—
Deed Of Trust
related
$18,006 · First Interstate Bank Washingt
—
—
Richard A Gervasi
—
Deed Of Trust
related
—
—
—
Richard A Gervasi
—
Deed Of Trust
related
$55,000 · Bank One Arizona
—
—
Richard A Gervas
—
Deed Of Trust
related
$192,000 · First Heritage Bank
—
—
Richard A Gervasi
—
Deed Of Trust
related
$55,000 · Horizon 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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