New search
Property profile & analytics
FOR LEASE
Industrial properties
6300 Merrill Creek Pkwy, Everett, WA 98203
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-3269186
For Lease
$25,230,000
6300 Merrill Creek Pkwy, Everett, WA 98203
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
TYPE NOT SPECIFIED
Total area
178,242 SF
Lot
33.43 ac (1,456,211 SF)
Zoning code
M-1
APN
28040200301500
UPID
US90-3269186
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
-
Onamac Industries Industrial Manufacturer Production Facility
-
Applied Technical Services Factory Production Facility
-
Coffee Tamer Food Processing Plant Factory
-
Rolls-Royce North America Corporate Office Factory
-
NION Health Food And Beverage Exporter
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.28M
Comparable Approach
Comparable
$19.42M
Blend (final)
Blend
$25.23M
Owner & transaction history
Nwb Merrill Creek LLC · 6 yrs held
Nwb Merrill Creek LLC
since 2019
7 recorded transactions
Zoning & alternative use
M-1 · 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%
$27,380,000
6.5%
$25,275,000
7%
$23,470,000
Blend value · Realmo final
$25.23M
Range $22.71M – $27.75M · ±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
$142 / 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
$356,240
Tax year 2023
Assessed value
$46,112,200
Assessed 2023
Previous assessed
$41,187,700
+12.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$12,073,300
Assessed improvement
$34,038,900
Land market value
$12,073,300
Improvement market value
$34,038,900
Total market value
$46,112,200
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1998
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
178,242 SF
Lot
33.43 ac (1,456,211 SF)
Zoning code
M-1
APN
28040200301500
UPID
US90-3269186
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Everett, WA
Zoning M-1 · permitted uses
M-1 · 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
1998
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
33.43 ac
Current owner
From public records · entity-resolved
Nwb Merrill Creek LLC
Entity
Mailing address
10230 NE PTS DR STE #410, KIRKLAND, WA 98033-7897
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
—
Nwb Merrill Creek LLC
—
Deed
related
$24,600,000 · Provident Life And Accident Insurance Co
Nov 15, 2019
$41,000,000
Nwb Merrill Creek LLC
Mcc Everett LLC
Grant Deed
—
Oct 11, 2005
—
Mcc Everett LLC
Merrill Creek Holdings LLC
Warranty Deed
related
—
Jan 15, 2004
$63,750
Merrill Creek Holdings LLC
Solectron Corp
Grant Deed
related
—
Dec 12, 2003
—
Selection Washington INC
Bnp Leasing Corp
Grant Deed
related
—
Dec 1, 1997
$45,835,170
Bnp Leasing Corp
Quadrant Corp
Grant Deed
—
Apr 30, 1997
$2,887,633
Quadrant Corp
Washington Services INC
Grant Deed
—
—
—
Mcc Everett LLC
—
Deed Of Trust
related
$11,466,000 · Northwestern Mutual Life Ins
—
—
Mcc Everett LLC
—
Deed Of Trust
related
$6,544,000 · Northwestern Mutual Life Ins
—
—
Mcc Everett LLC
—
Deed Of Trust
related
$12,750,000 · Northwestern Mutual Life Ins
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
