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    196th St SW 4232 Lynnwood, WA

    For Lease
    $28 SF/Yr ($10,941 /Mo)

    Retail space in a prime location with high traffic.

    Property size:
    4,689 SF
    Lot size:
    0.66 Acres

    Property Features for 196th St SW 4232

    General Information

    Size
    4,689 SF
    Lot size
    0.66 Acres

    Source: First Western Properties - Tacoma, Inc. Agent Jacob Fors

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

    Overview

    Retail Space on 196th Street

    This retail space is situated on 196th Street SW, a busy retail corridor in Lynnwood, offering excellent visibility and access. The location benefits from heavy daily traffic and a dense surrounding population, which drives strong consumer demand. Convenient access is available to I-5, Highway 99, and the future Lynnwood Light Rail Station, enhancing connectivity and customer reach. The property offers 4689 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3151313
    Latitude
    47.8209301

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    FAQs

    What type of property is this?
    Retail space - Retail space in a prime location with high traffic.
    Where is this retail space located?
    The property is located at 196th St SW 4232 Lynnwood, WA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location on high-traffic 196th Street SW.; - High Traffic & Strong Demographics driving consumer demand.; - Easy Accessibility to I-5, Highway 99.
    (253) 472-0404
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    196th St SW 4232 Lynnwood, WA
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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
    196th St SW 4232 Lynnwood, WA
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