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    15615 Highway 99 Lynnwood, WA 98087

    Sponsored
    For Sale
    $3,300,000

    Prime industrial warehouse, high visibility.

    Property size:
    23,743 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story warehouse, located at 15615 Hwy 99 in Lynnwood, Washington, 98087, presents a significant investment opportunity. Boasting 23,743 square feet of space, this property is zoned for Urban Commercial use and offers a compelling price per square foot of $139. The asking price is $3,300,000. The building features two dock-high doors, facilitating efficient loading and unloading. With a ceiling height of 16 feet, the warehouse provides ample vertical space for storage and operations. The property benefits from excellent highway accessibility, providing quick access to Highway 99, SR 525, I-405, and I-5, ensuring seamless transportation and logistics. Up to 12,056 square feet is immediately available. The building is fully sprinklered and includes secured parking for added safety and convenience. The occupancy date is September 3rd, 2024. This high-visibility location on Highway 99 makes it ideal for a variety of industrial, retail, or showroom uses. Don't miss this chance to acquire a strategically located and well-equipped warehouse in a thriving Snohomish County market.

    Property Features for 15615 Highway 99

    General Information

    Property type
    Distribution properties
    Square Feet
    23,743 SF

    Building Details

    Stories
    2

    HighLights

    • $3,300,000 asking price for this 23,743 SF warehouse.
    • Located at 15615 Hwy 99, Lynnwood, WA 98087.
    • Features 2 dock‑high doors and 16' ceiling height.
    • Two‑story building with Urban Commercial zoning.
    • $139/SF price per square foot.
    • Available September 3, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2881289
    Latitude
    47.8568882

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    FAQs

    What type of property is this?
    Distribution property - Prime industrial warehouse, high visibility.
    Where is this distribution property located?
    The property is located at 15615 Highway 99 Lynnwood, WA.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: $3,300,000 asking price for this 23,743 SF warehouse.; Located at 15615 Hwy 99, Lynnwood, WA 98087.; Features 2 dock-high doors and 16' ceiling height.
    Request Owner's contact information
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    Lynnwood, WA 98087
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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
    15615 Highway 99 Lynnwood, WA 98087
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