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Property profile & analytics
OFF-MARKET
Commercial land
Everett, WA 98208
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-2093341
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.66 ac (28,750 SF)
Zoning code
CB
APN
28052900305600
UPID
US90-2093341
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
Murphys Corner Retail LLC · 8 yrs held
Murphys Corner Retail LLC
since 2017
7 recorded transactions
Zoning & alternative use
CB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,632
Tax year 2023
Assessed value
$914,800
Assessed 2023
Previous assessed
$444,300
+105.9% YoY
Effective rate
0.94%
On assessed value
Assessed land
$914,800
Land market value
$914,800
Total market value
$914,800
Applied tax rate
3,059.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.66 ac (28,750 SF)
Zoning code
CB
APN
28052900305600
UPID
US90-2093341
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Everett, WA
Zoning CB · permitted uses
CB · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
Murphys Corner Retail LLC
Entity
Free & Clear · 8 yrs held
Mailing address
950 N 72ND ST, SEATTLE, WA 98103-5361
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
—
Murphys Corner Retail LLC
—
Deed
related
$3,500,000 · Red Canoe Cu
Oct 11, 2019
—
Murphys Corner Retail LLC
—
Grant Deed
related
$3,300,000 · Boeing Emps Cu
Aug 16, 2017
$2,410,000
Murphys Corner Retail LLC
Murphys Corner Land LLC
Warranty Deed
related
—
Jun 1, 2017
$2,410,000
Murphys Corner Retail LLC
Murphys Corner Land LLC
Warranty Deed
$1,800,000 · M & T Bank
Oct 26, 2005
—
State Of Washington
City Of Everett
Quit Claim Deed
related
—
Apr 18, 2002
—
Everett City (wa)
Murphys Corner Plaza LLC
Grant Deed
related
—
Jul 21, 2000
—
Murphy's Corner Plaza LLC
Sheehan,courtland F
Quit Claim Deed
related
—
Nov 5, 1993
$335,000
C F Sheehan
Atlantic Richfie
Grant Deed
—
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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