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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
3403 16th St Everett, WA 98201-1913
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-3344989
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1918
Construction
WOOD
Total area
912 SF
Lot
0.3 ac (13,068 SF)
Zoning code
F8
APN
556331801800
UPID
US90-3344989
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
-
Quilceda Paving & Construction General Contractor Construction Company
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
Rm3p Investments LLC · 19 yrs held
Rm3p Investments LLC
since 2007
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
$3,385
Tax year 2023
Assessed value
$412,200
Assessed 2023
Previous assessed
$325,800
+26.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$330,700
Assessed improvement
$81,500
Land market value
$330,700
Improvement market value
$81,500
Total market value
$412,200
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
1918
Construction
WOOD
Heating
BASEBOARD
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
912 SF
Lot
0.3 ac (13,068 SF)
Zoning code
F8
APN
556331801800
UPID
US90-3344989
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F8 · Everett, WA
Zoning F8 · permitted uses
F8 · 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
1918
Construction
WOOD
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Rm3p Investments LLC
Entity
Mailing address
3403 16TH ST, EVERETT, WA 98201-1913
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2019
—
Rm3p Investments LLC
—
Deed
related
$579,000 · Coastal Community Bank
Jun 29, 2007
$437,000
Rm3p Investments LLC
Riverside Lofts LLC
Warranty Deed
$470,000 · North County Bank
May 11, 2007
$375,000
Riverside Lofts LLC
Mihar Holdings INC
Warranty Deed
$281,200 · Frontier Bank
Nov 1, 1989
$77,000
Rod Simpson
Unknown
Grant Deed
—
—
—
Rm3p Investments LLC
—
Deed Of Trust
related
$353,811 · North County Bank
—
—
Rm3p Investments LLC
—
Deed Of Trust
related
$20,000 · North County Bank
—
—
Rm3p Investments LLC
—
Deed Of Trust
related
$627,000 · Coastal Cmnty Bk
—
—
Mimar Holdings INC
—
Deed Of Trust
related
$9,000,000 · Hsbc Bank Canada
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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