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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Warehouses
3614 Smith Ave Everett, WA 98201-4544
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-2385567
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
16,279 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C-2
APN
576001100001
UPID
US90-2385567
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
-
Northwest Zoological Supply Big Box & Wholesale Store
-
ORLEANS ENTERPRISES LLC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
Orleans Enterprises LLC · 10 yrs held
Orleans Enterprises LLC
since 2016
6 recorded transactions
Zoning & alternative use
C-2 · 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%
$3,035,000
6.5%
$2,805,000
7%
$2,605,000
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±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
$130 / 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
$15,011
Tax year 2023
Assessed value
$1,828,000
Assessed 2023
Previous assessed
$1,677,000
+9.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$568,800
Assessed improvement
$1,259,200
Land market value
$568,800
Improvement market value
$1,259,200
Total market value
$1,828,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
16,279 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C-2
APN
576001100001
UPID
US90-2385567
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Everett, WA
Zoning C-2 · permitted uses
C-2 · 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
1969
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Orleans Enterprises LLC
Entity
Mailing address
3614 SMITH AVE, EVERETT, WA 98201-4544
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
—
Orleans Enterprises LLC
—
Deed
related
$400,000 · First Citizens Bank & Trust Co
Dec 24, 2018
—
Orleans Enterprises LLC
—
Deed
related
$1,264,630 · First Citizens Bank & Trust Co
Nov 21, 2016
—
Orleans Enterprises LLC
—
Deed
related
$134,300 · Plaza Bank
Feb 25, 2016
$1,200,000
Orleans Enterprises LLC
Northbrook Properties INC
Warranty Deed
$1,109,000 · Plaza Bank
—
—
Northbrook Properties INC
—
Deed Of Trust
related
$502,500 · Bank Of America
—
—
Northbrook Properties INC
—
Deed Of Trust
related
$8,827,000 · Citizens Fed'l Bk
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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