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Property profile & analytics
OFF-MARKET
Office buildings

821 128th SW St Everett, WA 98204-6316

1,176 SF 0.34 ac lot Built 1956
Individually Owned 2-yr Hold Free & Clear
Property ID
US90-0887082
Property summary
AI-generated overview

This exceptional 1,176 square foot creative office suite is located within the well-maintained Puget Park Medical Center, offering high visibility directly off 128th Street in South Everett. The space, designated as Suite A, boasts a spacious reception area perfect for welcoming clients, complemented by attractive wood panel ceilings that add a touch of sophistication. Two private offices provide ample space for individual work or confidential meetings. The open floor plan is incredibly versatile, allowing for flexible configurations to suit a variety of business needs. Abundant natural light floods the space, creating a bright and inviting atmosphere. This property is ideally suited for medical practices, therapeutic services, or any small office seeking a professional and well-located space. The building's Class C designation reflects its functional and practical design, making it an excellent value for businesses seeking a cost-effective yet appealing office environment. The multi-tenant building ensures a vibrant and collaborative atmosphere. The property is classified as both retail and office, offering potential for a variety of uses. Its prime location and attractive features make this suite an exceptional opportunity for a growing business. The space is available for lease and ready for immediate occupancy.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1956
Construction WOOD
Total area 1,176 SF
Lot 0.34 ac (14,810 SF)
Zoning code SK
APN 373800500301
UPID US90-0887082
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James H Melvin · 2 yrs held
James H Melvin
since 2024
3 recorded transactions
2024
Price N/A
1996
$1.1M
1988
$156,000
Zoning & alternative use
SK · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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