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    20630 56Th Ave W Lynnwood, WA 98036

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    For Sale
    $10,600,000

    Warehouse in Lynnwood with redevelopment and outdoor storage potential.

    Property Features for 20630 56Th Ave W

    General Information

    Standard status
    Active

    Building Details

    Year built
    1959

    Source: KIDDER MATHEWS Agent BRIAN KENWORTHY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lynnwood Warehouse with Development Potential

    This property is located in Lynnwood and offers convenient access to the freeway interchanges at 200th Street and 196th Street. The site encompasses 3.65 acres, including a building with just under 38,000 square feet. The property features below-market rents with short terms, presenting an opportunity for repositioning or accommodating a potential 20,000 square foot user. A rare yard area allows for additional development or outdoor storage.
    Location Intelligence

    Current Use by Public Records

    JamtownLive Musician Jamtown Drum Store Ironwood Communications Satellite Communication Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Leisure Time Boat & RV Storage, Self-Storage at U-Haul, Public Storage, Trojan Storage of Lynnwood

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.309105
    Latitude
    47.8111699

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    FAQs

    What type of property is this?
    Warehouse - Warehouse in Lynnwood with redevelopment and outdoor storage potential.
    Where is this warehouse located?
    The property is located at 20630 56Th Ave W Lynnwood, WA.
    What is the asking price?
    The asking price for this property is $10,600,000.
    What are key features of this property?
    This property features: - Below market rents with short terms offer repositioning potential.; - Rare yard area allows for additional development or outdoor storage.; - Excellent Lynnwood location with quick freeway access.
    Request Owner's contact information
    20630 56Th Ave W Lynnwood, WA 98036
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    Realmo Value Estimation

    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.

    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.

    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
    20630 56Th Ave W Lynnwood, WA 98036
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