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Property profile & analytics
OFF-MARKET
Drug stores
3708 Mt Baker Hwy Everson, WA 98247-9406
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-3064096
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1960
Total area
1,220 SF
Lot
0.42 ac (18,295 SF)
Zoning code
STC
APN
390427 021415 0000
UPID
US90-3064096
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
-
West Coast Wellness (Bike/Boat/Book/etc) Store
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
Meridian Joint Ventures LLC · 11 yrs held
Meridian Joint Ventures LLC
since 2014
7 recorded transactions
Zoning & alternative use
STC · Everson, 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 Everson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everson 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,629
Tax year 2021
Assessed value
$157,240
Assessed 2022
Previous assessed
$157,240
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$95,592
Assessed improvement
$61,648
Land market value
$95,592
Improvement market value
$61,648
Total market value
$157,240
Applied tax rate
7,085.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
YES
Total area
1,220 SF
Lot
0.42 ac (18,295 SF)
Zoning code
STC
APN
390427 021415 0000
UPID
US90-3064096
Jurisdiction
WHATCOM
Zoning & alternative use
STC · Everson, WAZoning STC · permitted uses
STC · Everson, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Lot
0.42 ac
Current owner
From public records · entity-resolved
Meridian Joint Ventures LLC
Entity
Free & Clear · 11 yrs held
Mailing address
4331 LK WASHINGTON BLVD NE APT #7313, KIRKLAND, WA 98033-7945
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2014
$112,500
Meridian Joint Ventures LLC
Ross,thomas M & Sher S
Grant Deed
related
—
Jul 3, 2014
$112,500
Meridian Joint Ventures LLC
Ross,thomas M & Sher S
Warranty Deed
—
Jul 1, 2004
$113,000
Thomas M Ross
Vanderyacht,william G & Deborah A
Warranty Deed
$92,000 · Horizon Bank
Oct 30, 1998
$90,000
Vander Yacht,william G & Deborah
Roberson,paul W & Frances T
Trustees Deed
—
Oct 30, 1998
—
Koons,john & Sally
Us Bank
Trustees Deed
related
—
—
—
William Vanderacht
—
Deed Of Trust
related
$100,000 · Whidbey Island Bank
—
—
William Vaneryacht
—
Deed Of Trust
related
$268,105 · Whidbey Island 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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