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Property profile & analytics
OFF-MARKET
Estimated value
$12,495,000
Office buildings
728 134th SW St Everett, WA 98204-5322
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1160342
Property summary
AI-generated overview
This exceptional office property, Quadrant I-5 Corporate Park – Buildings A & B, offers a prime location in Everett, Washington, within Snohomish County. The property boasts a total of 75,480 square feet of executive office space, with multiple tenancy options available. Currently, there are 21,536 square feet of vacant space ready for immediate occupancy. Flexible floor plans cater to a variety of business needs, with spaces ranging from a minimum of 1,325 square feet to a maximum contiguous space of 8,652 square feet. The address is 728-808 134th St SW, Everett, WA 98204. This location provides convenient access to Interstate-5, ensuring seamless commutes for employees and clients. The property is ideal for businesses seeking modern, efficient, and well-situated office space in a thriving area of Everett. The building's design and amenities are tailored to meet the demands of today's executive office environment. Contact us to learn more about leasing opportunities and explore how this property can benefit your business. The property is categorized as Executive Office and is situated in Snohomish County.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1998
Construction
TYPE NOT SPECIFIED
Total area
75,480 SF
Lot
4.19 ac (182,516 SF)
Zoning code
UC
APN
374700003201
UPID
US90-1160342
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
-
Cherry Lane Family Farms Big Box & Wholesale Store
-
Seattle Reproductive Medicine - Everett Medical Clinic
-
Sally Browning, M.D. Medical Clinic
-
Radia Medical Imaging: Juravsky Louis I MD Physician
-
Dr. James C. Cook, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.57M
Blend (final)
Blend
$12.50M
Owner & transaction history
Employment Security · 1 yrs held
Employment Security
since 2025
5 recorded transactions
Zoning & alternative use
UC · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.50M
Range $11.25M – $13.74M · ±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
$166 / 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
$137,312
Tax year 2023
Assessed value
$16,546,400
Assessed 2023
Previous assessed
$14,700,000
+12.6% YoY
Effective rate
0.83%
On assessed value
Assessed land
$4,394,800
Assessed improvement
$12,151,600
Land market value
$4,394,800
Improvement market value
$12,151,600
Total market value
$16,546,400
Applied tax rate
2,310.0000
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
1998
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
75,480 SF
Lot
4.19 ac (182,516 SF)
Zoning code
UC
APN
374700003201
UPID
US90-1160342
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UC · Everett, WA
Zoning UC · permitted uses
UC · 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
2
Lot
4.19 ac
Current owner
From public records · entity-resolved
Employment Security
Individual
Mailing address
8201 164TH AVE NE STE #105, REDMOND, WA 98052-7615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Feb 12, 2025
—
Employment Security
Sco 1 5 Quadrant Office Building A
Deed
—
Jan 31, 2018
$1,400,000
Scg 15 Quadrant Office Building A L
Shlebny Company LLC
Warranty Deed
$9,000,000 · Heritage Bank
Jun 30, 2016
—
Shelby Company LLC
Wcm 133-302 LLC
Special Warranty Deed
$9,230,000 · Opus Bank
Dec 10, 1998
$8,575,000
Wcm 133-302 LLC
Quadrant Corp
Grant Deed
—
—
—
Wcm 133-302 LLC
—
Deed Of Trust
related
$7,000,000 · Standard Insurance Co
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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