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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Medical Office Space
3305 Nassau St Everett, WA 98201-4140
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1458525
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Construction
WOOD
Total area
4,132 SF
Lot
0.55 ac (23,958 SF)
Zoning code
R-3
APN
437578600100
UPID
US90-1458525
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
-
Anesis Spine and Pain Care - Everett Medical Clinic
-
Nathan Cortner Pharmacy
-
Michael Mashock Pharmacy
-
Trang Le Pharmacy
-
Rozanne Reynolds Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$965k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Srs Ventures LLC · 7 yrs held
Srs Ventures LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,415,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$1,275,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$223 / 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
$11,579
Tax year 2023
Assessed value
$1,410,000
Assessed 2023
Previous assessed
$1,415,000
-0.4% YoY
Effective rate
0.82%
On assessed value
Assessed land
$548,300
Assessed improvement
$861,700
Land market value
$548,300
Improvement market value
$861,700
Total market value
$1,410,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
4,132 SF
Lot
0.55 ac (23,958 SF)
Zoning code
R-3
APN
437578600100
UPID
US90-1458525
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Everett, WAZoning R-3 · permitted uses
R-3 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Srs Ventures LLC
Entity
Mailing address
6725 116TH AVE NE STE #100, KIRKLAND, WA 98033-8455
Ownership since
2018
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
Dec 6, 2018
$1,363,517
Srs Ventures LLC
Resource Transition Consultants LLC
Special Warranty Deed
$1,009,000 · Heritage Bank
Nov 4, 2016
—
Expanding Everett LLC
—
Deed
related
$280,000 · Wells Fargo Bank NA
Nov 27, 2013
$790,000
Expanding Everett LLC
Providence Health & Services Washin
Special Warranty Deed
$592,500 · Wells Fargo Bank NA
Apr 3, 2009
$55,898
Health Providence
Providence General Medical Cen
Quit Claim Deed
related
—
Oct 19, 1998
$537,500
Providence General Medical Ctr
Ang,jessy & Edith
Trustees Deed
$42,500 · Seller
Oct 19, 1998
—
Jessy A Ang
Us District Court
Quit Claim Deed
related
—
May 6, 1996
—
USA
Ang,jessy A & Editha A
Quit Claim Deed
related
—
Jul 1, 1993
$550,000
Ang Jessy
Unknown
Grant Deed
$489,500 · Seller
—
—
Expanding Everett LLC
—
Deed Of Trust
related
$595,000 · Ameritrust Cdc
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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