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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Retail space
510 Casino Rd Everett, WA 98204-1626
Entity Owned
15-yr Hold
Free & Clear
Property ID
US90-0297911
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD
Total area
25,508 SF
Lot
1.35 ac (58,806 SF)
Zoning code
F1
APN
28041300200500
UPID
US90-0297911
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
-
Tasty Indian Bistro Restaurant
-
Zoey's Fried Chicken Sandwiches & Wings Take-out & Catering
-
Preciosa Salon Hair Salon Nail Salon
-
Carniceria Chapala Grocery & Convenience Store Food Market
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.67M
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$5.05M
Owner & transaction history
Dkj Investments II LLC · 15 yrs held
Dkj Investments II LLC
since 2011
5 recorded transactions
Zoning & alternative use
F1 · 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%
$6,140,000
6.5%
$5,665,000
7%
$5,260,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,280,000
Current use
WAREHOUSE, STORAGE
$7,880,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±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
$198 / 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
$63,662
Tax year 2023
Assessed value
$8,240,000
Assessed 2023
Previous assessed
$7,037,000
+17.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,240,800
Assessed improvement
$6,999,200
Land market value
$1,240,800
Improvement market value
$6,999,200
Total market value
$8,240,000
Applied tax rate
25.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
25,508 SF
Lot
1.35 ac (58,806 SF)
Zoning code
F1
APN
28041300200500
UPID
US90-0297911
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Everett, WAZoning F1 · permitted uses
F1 · 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
RETAIL STORES Current
Est. value
$8.3M
WAREHOUSE, STORAGE
Est. value
$7.9M
RETAIL STORES Current
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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
3
Lot
1.35 ac
Current owner
From public records · entity-resolved
Dkj Investments II LLC
Entity
Free & Clear · 15 yrs held
Mailing address
2115 116TH ST NE, TULALIP, WA 98271-9421
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2018
—
Dkj Investments II LLC
—
Deed
related
$2,175,422 · Columbia St Bk
May 27, 2011
—
Dkj Investments II LLC
Singh,balbir & Mary
Quit Claim Deed
related
—
Jul 20, 2001
—
Balbir Singh
Snohomish County (wa)
Grant Deed
$452,500 · Northwest International Bank
—
—
Dkj Investments II LLC
—
Loan Modification
related
$2,175,422 · Columbia St Bk
—
—
Dkj Investments II LLC
—
Deed Of Trust
related
$2,823,309 · Pacific Continental 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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