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Financial
Distress signals
Property profile

906 Southeast Everett Mall Way Everett, WA 98208

FOR LEASE
Office buildings
Property ID
US90-0538485
115,403 SF 1.64 ac lot Built 1988
Last sale Dec 2022 · $14,250,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property consists of multiple office spaces at 906 SE Everett Mall Way in Everett, Washington 98208. The available suite sizes range from approximately 1,119 square feet to 10,212 square feet, and the building provides a total of 7 office spaces.

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?
$143k
Tax billed · 2023
Assessed value$17.42M
Assessed land$2.50M
Assessed improvement$14.92M
Effective rate0.82%

Value estimate

· Oct 2026
$17.30M
$15.57M – $19.02M
NOI build-up
Gross scheduled income$2.91M
Vacancy & credit loss−$451k
Operating expenses−$615k
NOI · 8,390,822.73% cap applied$1.85M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$338/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$243 – $468
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8,390,822.73%
$1.85M 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?
C1R
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 Firm19.7
Garden Center15.6
Hotel & Motel14.6

Location

906 Southeast Everett Mall Way Everett, WA 98208
County assessor Recorded deeds · 12 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1031 Everett Mall, Everett, WA 98208-2833 $2,800,000 Nov 2022 3,836 SF
127 Intercity, Everett, WA 98208-2732 $1,050,000 Nov 2021 4,450 SF
206 Casino, Everett, WA 98208-2609 $1,592,000 Oct 2020 8,000 SF
8620 Holly, Everett, WA 98208-1825 $2,495,000 Jun 2019 13,750 SF
500 Everett Mall, Everett, WA 98208-8110 $6,200,000 Nov 2018 10,228 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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