3922 148Th StBothell, WA 98012

Property Details for 3922 148Th St

Year built

2006

Construction

WOOD

Lot size

1.27 AC

Property size (Sq ft)

25,773 SF

Zone code

PCB

Property type

Retail properties

Property subtype

Retail space

APN

27050400200700

APU

27050400200700

Description

This exceptional commercial property, located at 3922 148th Street SE in Bothell, Washington, offers a diverse range of office spaces ideal for various businesses. The property encompasses two buildings totaling 34,824 square feet, constructed in 2006, and situated on a 2.83-acre lot (123,275 square feet). Currently, 4,446 square feet of space is available for lease, with units ranging from a minimum of 812 square feet to a maximum contiguous space of 2,400 square feet. The property features ample parking with 144 spaces available and benefits from excellent visibility along Seattle Hill Road, a major thoroughfare connecting SR 96 and SR 527. The property is zoned PCB and is part of the CBA Woodinville/Bothell/Kenmore submarket. This multi-tenant neighborhood center is anchored by Everett Clinic and includes a mix of retail, restaurant, and essential services. Other tenants include Cambria Restaurant, DJ Market, Chick 5, Garlic Jim's, Edward Jones, Twisted Line Pub, Penny Creek Dentistry, Purity Health, Reflections School of Dance, Sun Flower Cleaners, Ukaway Teriyaki, White Tiger Martial Arts, and Angel Haircuts. The property's two-story design and multiple tenancy options provide flexibility for a variety of business needs. The Snohomish County location (APN: 27050400200700

• CAP approach

  CAP return

  Valuation

  6%

  $10,219,256

  6.5%

  $9,433,160

  7%

  $8,759,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,742,444

  Geo Method

  $12,507,678

• Alternative Use

  Use

  Valuation

  Residential

  $7,957,223

  Hospitality

  $7,288,774

  Educational

  $6,064,174

  Medical

  $6,272,730

  Retail

  $9,433,160

Location Insight

City

Bothell

County

Snohomish

State

Washington

Latitude

47.8629

Longitude

-122.179

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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