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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Commercial land
3518 Broadway Everett, WA 98201-5026
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1591577
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1902
Total area
1,585 SF
Lot
0.14 ac (6,098 SF)
Zoning code
BMU
APN
437385702300
UPID
US90-1591577
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Cb3 LLC · 2 yrs held
Cb3 LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
BMU · 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
$1,955,000
ML approach
$1,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.80M (Oct 23 2023)
Last sale anchor
$1.80M
Oct 23 2023
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
$1,167 / 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
$1,182
Tax year 2023
Assessed value
$144,000
Assessed 2023
Previous assessed
$144,000
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$144,000
Land market value
$144,000
Total market value
$144,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1902
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,585 SF
Lot
0.14 ac (6,098 SF)
Zoning code
BMU
APN
437385702300
UPID
US90-1591577
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BMU · Everett, WA
Zoning BMU · permitted uses
BMU · 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
1902
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cb3 LLC
Entity
Ownership since
2023
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
Oct 23, 2023
$1,795,483
Cb3 LLC
Sansome Six United LLC
Bargain And Sale Deed
—
Apr 27, 2020
—
Skyline Principal Investors II LLC
Sansome Six United LLC
Intrafamily Transfer
related
$4,700,000 · Academy Bank NA
Jan 6, 2020
—
Apro LLC
—
Deed
related
—
Dec 30, 2019
$1,666,666
Sansome Six United LLC
Cf United Propco LLC
Grant Deed
—
Jan 6, 2017
—
Cf United Propco LLC
—
Deed
related
$92,603,000 · Wells Fargo Bk
Aug 3, 2015
$1,063,200
Cf United Propco LLC
Convenience Retailers LLC
Bargain And Sale Deed
$115,000,000 · Wells Fargo Bank NA
Mar 19, 2009
$55,898
Pcf Aquisitionco LLC
Petrosun West Properties LLC
Grant Deed
—
Nov 28, 2007
—
Petrosun West Properties LLC
Time Oil
Grant Deed
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
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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