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    5611 196Th St SW Lynnwood, WA 98036

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    For Lease
    $20 SF/Yr ($5,471 /Mo)

    Retail, office, and warehouse spaces with high visibility.

    Property size:
    3,283 SF
    Lot size:
    0.52 Acres

    Property Features for 5611 196Th St SW

    General Information

    Size
    3,283 SF
    Lot size
    0.52 Acres

    Source: Coldwell Banker Commercial Danforth Agent Gretchen Hamm

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

    Overview

    Retail/Office/Warehouse Space Available

    This property offers spaces suitable for retail, office, and warehouse use. It features excellent visibility and high traffic counts, with approximately 28,900 vehicles per day. The property includes an 1100-square-foot top-floor space suitable for retail or office use, featuring two private offices and one bathroom. Additionally, there is a 2183-square-foot ground-floor flex retail/warehouse space with 10-foot ceilings and a roll-up door at grade level. The total property size is 3283 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Direct Travel - Lynnwood Travel Agency

    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
    -122.309006
    Latitude
    47.8216275

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    FAQs

    What type of property is this?
    Retail space - Retail, office, and warehouse spaces with high visibility.
    Where is this retail space located?
    The property is located at 5611 196Th St SW Lynnwood, WA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High traffic counts of 28,900 VPD; - 2183 SF ground floor flex retail / warehouse space with roll up door at grade level and 10' ceilings.; - 1100 SF Top floor retail/office space.
    (206) 972-1651
    Request Owner's contact information
    5611 196Th St SW Lynnwood, WA 98036
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    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
    5611 196Th St SW Lynnwood, WA 98036
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