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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Office buildings
6303 Wetmore Ave Everett, WA 98203-5215
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0033519
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1946
Construction
WOOD
Total area
3,713 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B-1
APN
495000600100
UPID
US90-0033519
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
-
ABC Law Group LLP Law Firm
-
FIRST Legal Clinic Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$940k
Owner & transaction history
Zoey Holdings LLC · 5 yrs held
Zoey Holdings LLC
since 2020
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
B-1 · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+10.3%
Auto repair, garage
$1.3M
+4.1%
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
$1,010,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,255,000
Current use
MEDICAL BUILDING
$1,385,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,305,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$1,205,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,145,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $800k (Sep 28 2020)
Last sale anchor
$800k
Sep 28 2020
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
$253 / 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
$6,723
Tax year 2023
Assessed value
$817,500
Assessed 2023
Previous assessed
$771,000
+6.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$366,000
Assessed improvement
$451,500
Land market value
$366,000
Improvement market value
$451,500
Total market value
$817,500
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
3,713 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B-1
APN
495000600100
UPID
US90-0033519
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Everett, WA
Zoning B-1 · permitted uses
B-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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1946
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Zoey Holdings LLC
Entity
Mailing address
6303 WETMORE AVE, EVERETT, WA 98203-5215
Ownership since
2020
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
Nov 10, 2020
—
Banner Bk
—
Deed
related
$400,000 · Ameritrust Cdc
Nov 9, 2020
—
Zoey Holdings LLC
—
Deed
related
$335,000 · Ameritrust Cdc
Sep 28, 2020
$800,000
Zoey Holdings LLC
Wolfe Property Holdings LLC
Warranty Deed
$400,000 · Banner Bank
Dec 28, 2017
$610,000
Wolfe Property Holdings LLC
Sanjon LLC
Warranty Deed
$522,700 · First Citizens Bank And Trust Co In
Dec 12, 2011
—
Sanjon LLC
Colby Re LLC
Grant Deed
—
Apr 19, 2011
$270,000
Sanjon Ents LLC
Colby Re LLC
Warranty Deed
$445,667 · Banner Bank
Dec 7, 2010
$318,160
Colby R E LLC
Hussey Patrick F
Trustees Deed
related
—
Jul 11, 2007
$380,000
David M Hillestad
Johnson,dean E & Shelly D
Warranty Deed
$304,000 · Cascade Bank
Nov 1, 2002
$220,000
Dean E Johnson
Collins,dennis C & Mary D
Grant Deed
$176,000 · Dennis C & Mary D Collins
—
—
Sanjon LLC
—
Deed Of Trust
related
$208,000 · Ameritrust Cdc
—
—
Sanjon LLC
—
Deed Of Trust
related
$247,593 · Banner Bank
—
—
David M Hillestad
—
Deed Of Trust
related
$40,000 · Cascade Bank
—
—
Banner Bk
—
Deed Of Trust
related
$400,000 · Ameritrust Cdc
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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