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    471 Admiral Way Edmonds, WA 98020

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    For Lease
    $30 SF/Yr

    First floor office/retail space in shell condition near Edmonds waterfront.

    Property size:
    11,850 SF
    Lot size:
    11,850 SF

    Property Features for 471 Admiral Way

    General Information

    Size
    11,850 SF

    Building Details

    Year built
    2023

    Source: Scott Eshelman Agent Scott Eshelman

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

    Overview

    Edmonds Waterfront Office/Retail Space

    This first-floor office/retail space is in shell condition and situated close to the Edmonds waterfront. The property benefits from excellent natural light and high ceilings. Constructed to a high standard, the space offers exposure on the main access route to waterfront restaurants, marinas, parks, and commercial businesses. The new construction provides a strong corporate image. The property is suitable for office space use.
    Location Intelligence

    Current Use by Public Records

    Port of Edmonds Marina Sasquatch Sportfishing Fishing Charter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3888904
    Latitude
    47.8082043

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    FAQs

    What type of property is this?
    Office space - First floor office/retail space in shell condition near Edmonds waterfront.
    Where is this office space located?
    The property is located at 471 Admiral Way Edmonds, WA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on main access to Edmonds waterfront restaurants, marinas, parks, and businesses.; - New (2023) Class-A construction with a strong corporate image.; - Excellent natural light and high ceilings.
    (206) 773-2685
    Request Owner's contact information
    471 Admiral Way Edmonds, WA 98020
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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
    471 Admiral Way Edmonds, WA 98020
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