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Property profile

7929 44Th Ave W Mukilteo, WA 98275

FOR LEASE
Other warehouses
Property ID
US90-2502242
15,776 SF 1 ac lot Built 1991
Last sale May 1990 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex space totaling 3,536 square feet, including 2,082 square feet of office area and the balance configured as warehouse space. It is located adjacent to Boeing Field and Paine Field, providing access to SR-526 and I-5.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$1.82M
Assessed land$681k
Assessed improvement$1.14M
Effective rate0.72%

Value estimate

· Oct 2026
$1.92M
$1.72M – $2.11M
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 3,434,300.00% cap applied$34k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$130 – $453
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3,434,300.00%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PI
The purpose of this district PI is to promote Planned Industrial uses.
General categoryINDUSTRIAL
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.5
Pharmacy10.3
Law Firm10.2

Location

7929 44Th Ave W Mukilteo, WA 98275
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4708 Chennault Bch, Mukilteo, WA 98275-4919 $55,055,000 Feb 2026 20,520 SF
13008 Beverly Park, Mukilteo, WA 98275-5846 $5,650,000 Mar 2025 23,000 SF
7804 40th W, Mukilteo, WA 98275-2814 $1,500,000 Sep 2024 19,304 SF
4201 Russell, Mukilteo, WA 98275-5427 $3,295,000 Mar 2024 21,600 SF
12201 Cyrus, Mukilteo, WA 98275-5736 $4,250,000 Jun 2022 10,472 SF
12521 Evergreen, Mukilteo, WA 98275-5709 $4,250,000 Nov 2021 19,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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