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    9506 19Th Ave SE Everett, WA 98208
    Property profile & analytics

    9506 19Th Ave SE, Everett, WA 98208

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    • Automotive properties
    • 6,574 SF
    • 0.96 lot acres
    For Lease
    $9,998/Mo
    View Listing →
    Restaurant and Bar Space Available For Lease
    $9,998/Mo
    6,200 SF

    Restaurant and Bar Space Available

    Freeway-adjacent restaurant and bar space with existing commercial kitchen.

    9506 19th Ave SE, Everett, WA 98208
    View Listing
    Property ID
    US90-1278516
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,105,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mari J's Highway Pot Shop / (Bike/Boat/Book/etc) Store
    • Steamy Shots Bikini Espresso / Take-out & Catering / Cafe & Coffee Shop
    • The Joint Recreational & Medical Marijuana Dispensary – Everett / (Bike/Boat/Book/etc) Store
    • XO Espresso / Take-out & Catering / Cafe & Coffee Shop
    • El Nayarita Mariscos & Bar / Restaurant

    Property Details for 9506 19Th Ave SE

    Year built
    1971
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.96 lot acres
    Zone code
    F2
    Property type
    Automotive properties
    APN
    28051800401700
    APU
    28051800401700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,220,000
      ML approach
      $2,240,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,315,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,315,000
      Change: +43% Conversion: Difficult
      RESTAURANT
      $3,100,000
      Change: +34% Conversion: Difficult
      MEDICAL BUILDING
      $2,450,000
      Change: +6% Conversion: Difficult
      OFFICE BUILDING
      $2,220,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $2,135,000
      Change: -8% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,030,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.208
    Latitude
    47.9119
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,990
    $1,241,800
    $704,200
    $1,946,000
    -
    $1,241,800
    $704,200
    $1,946,000

    Comparable in this City

    • Value Estimation
      $625,000
      15,132 SF

      10521 19th SE Ave

      VEHICLE SALES, RENTALS
      10521 19th SE Ave, Everett, WA 98208-4281
      View Details
    • Value Estimation by Request
      1,678 SF

      8823 Evergreen Way

      VEHICLE SALES, RENTALS
      8823 Evergreen Way, Everett, WA 98208
      View Details
    • Value Estimation by Request
      0.09 Acres

      111 128th SE St

      SERVICE STATION (FULL SERVICE)
      111 128th SE St, Everett, WA 98208-6337
      View Details
    • Value Estimation by Request
      3,384 SF

      2202 El Capitan Way

      AUTO REPAIR, GARAGE
      2202 El Capitan Way, Everett, WA 98208-2211
      View Details
    • Value Estimation by Request
      1.56 Acres

      Everett, WA 98208

      PARKING LOT
      Everett, WA 98208
      View Details
    • Value Estimation by Request
      5,200 SF

      9826 7th SE Ave

      SERVICE STATION (FULL SERVICE)
      9826 7th SE Ave, Everett, WA 98208-3711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,700 SF

      Chase Bank Outparcel For Sale

      Chase Bank outparcel in grocery drug anchored center.
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      View Details
    • $1,995,000

      Versatile Commercial Property in Everett

      Well-located commercial property suitable for office, retail, flex, and industrial uses.
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      Sound View Buildable Lot

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      Three Land Parcels For Sale

      Three adjacent land parcels totaling 1.14 acres for sale.
      816 126Th St, Everett, WA 98208
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    Similar Nearby for Lease

    • $3,255 /Mo
      1,116 SF

      Retail/Office Space in Silver Firs

      Retail or office space in Safeway anchored neighborhood center.
      5714 134Th Pl SE, Everett, WA 98208
      View Details
    • Contact for pricing
      2,999 SF

      Retail Space Available For Rent

      Retail space available for lease in Everett, Washington.
      1519 132Nd St SE, Everett, WA 98208
      View Details
    • Contact for pricing

      Freestanding Corner Retail Space

      Former drugstore available for lease on a prominent corner.
      11014 19Th Ave SE, Everett, WA 98208
      View Details
    • $19,250 /Mo
      10,500 SF

      Retail Space Near Everett Mall

      Retail space available near the renovated Everett Mall.
      1201 Everett Mall Way, Everett, WA 98208
      View Details
    • $2,000 /Mo
      1,000 SF

      Retail Space Near Everett Mall

      Retail space available near the renovated Everett Mall.
      1201 Everett Mall Way, Everett, WA 98208
      View Details
    • Contact for pricing

      Everett Office and Retail Space

      Office and retail space available near Paine Field Airport.
      906 Southeast Everett Mall Way, Everett, WA 98208
      View Details
    View Listing
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    9506 19Th Ave SE
    Everett, WA 98208
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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