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Financial
Distress signals
Property profile

8530 Evergreen Way Everett, WA 98208

FOR LEASE
Commercial land
Property ID
US90-0305012
173,024 SF 14.34 ac lot Built 1975
Last sale May 2021 · $2,562,586
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
8530 Evergreen Way, Everett, WA 98208 For Lease
$2,675,000
8530 Evergreen Way, Everett, WA 98208
View Listing

Property summary

AI-generated overview

Located at the intersection of Evergreen Way and East Casino Rd. in Everett, Washington (Snohomish County), the site is situated in the Seattle metropolitan area. The property previously operated as a Fred Meyer Grocery Store and is configured with 14 acres of land, including an approximately 180,472-square-foot main building with two dock doors. It also includes a 4,735-square-foot garden center and 525 shared surface parking stalls. Zoning and any specific reuse limitations were not provided.

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?
$152k
Tax billed · 2023
Assessed value$19.65M
Assessed land$19.65M
Effective rate0.77%

Value estimate

· Oct 2026
$2.68M
$2.41M – $2.94M
AI approach$2.71M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$236/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$130 – $404

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
F6
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.2
Building Supply18.1
Wholesale Shop16.6

Location

8530 Evergreen Way Everett, WA 98208
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13018 39th SE, Everett, WA 98208-5637 $3,155,000 Jul 2022 9,565 SF
Everett, WA 98208 $2,125,000 Feb 2022 No data
8710 Evergreen, Everett, WA 98208 $2,562,586 May 2021 150 SF
Everett, WA 98208 $1,139,000 Mar 2021 No data
Everett, WA 98208 $2,125,000 Sep 2020 No data
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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