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Property profile & analytics
FOR LEASE
Outlet malls
802 134Th St Southwest Everett, WA 98204
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US90-0744024
For Lease
Contact for pricing
802 134Th St Southwest, Everett, WA 98204
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
69,355 SF
Lot
5.18 ac (225,641 SF)
Zoning code
SK
APN
374700003402
UPID
US90-0744024
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
-
Contract Furnishings Mart Carpet & Flooring Store Hardware & Home Improvement
-
VSE Aviation Services (formerly Precision Fuel Components) Hardware & Home Improvement General Contractor
-
Leigh Lambert Pharmacy
-
Raymond Nguyen Pharmacy
-
Veasna Ting Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.41M
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$11.03M
Owner & transaction history
Center LLC · 23 yrs held
Center LLC
since 2002
5 recorded transactions
Zoning & alternative use
SK · 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%
$16,690,000
6.5%
$15,405,000
7%
$14,305,000
Blend value · Realmo final
$11.03M
Range $9.92M – $12.13M · ±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
$159 / 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
$136,033
Tax year 2023
Assessed value
$16,247,400
Assessed 2023
Previous assessed
$10,725,000
+51.5% YoY
Effective rate
0.84%
On assessed value
Assessed land
$5,422,900
Assessed improvement
$10,824,500
Land market value
$5,422,900
Improvement market value
$10,824,500
Total market value
$16,247,400
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
69,355 SF
Lot
5.18 ac (225,641 SF)
Zoning code
SK
APN
374700003402
UPID
US90-0744024
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SK · Everett, WAZoning SK · permitted uses
SK · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
5.18 ac
Current owner
From public records · entity-resolved
Center LLC
Entity
Mailing address
PO BOX 25247, SEATTLE, WA 98165-2147
Ownership since
2002
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
Nov 21, 2016
—
I-5 Corporate Center LLC
—
Deed
related
$6,050,000 · Miscellaneous Ins Co
Aug 4, 2005
—
I-5 Corporate Center LLC
—
Trustees Deed
related
$5,800,000 · Intervest Mortgage Co LLC
Dec 20, 2002
$1,692,062
Center LLC
Quadrant Corp
Grant Deed
—
—
—
I-5 Corp Center LLC
—
Deed Of Trust
related
$6,050,000 · Miscellaneous Ins Co
—
—
I-5 Corporate Center LLC
—
Loan Modification
related
$6,050,000 · Miscellaneous Ins 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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