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Financial
Distress signals
Property profile

22232 17Th Ave SE Bothell, WA 98021

FOR LEASE
Office buildings
Property ID
US90-1119602
42,396 SF 2.02 ac lot Built 1990
Last sale Dec 2020 · $14,608,629
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Canyon Park Office Center is a three-story office building located at the intersection of I-405 and the Bothell-Everett Highway, adjacent to the Canyon Park Park & Ride. The building contains a mix of open-plan and private office spaces with interior light provided by natural light. Parking is provided via covered parking and additional surface parking. The property is positioned within walking distance of multiple retail and dining amenities, and the building configuration includes office space measuring 1,613 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$106k
Tax billed · 2023
Assessed value$13.65M
Assessed land$2.11M
Assessed improvement$11.54M
Effective rate0.78%

Value estimate

· Oct 2026
$18.48M
$16.63M – $20.33M
AI approach$12.11M
CAP approach$12.39M
NOI build-up
Gross scheduled income$1.20M
Vacancy & credit loss−$158k
Operating expenses−$260k
NOI · 3,250,575.00% cap applied$780k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$604/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$273 – $1,016

Cap rate analysis

How does the asset earn?
3,250,575.00%
$780k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OP, CB, MVSO
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop18.5
Auto Parts Store17.3
Law Firm14.3

Location

22232 17Th Ave SE Bothell, WA 98021
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2222 220th SE, Bothell, WA 98021-4411 $11,500,000 Oct 2021 31,809 SF
21520 30th Dr Sea, Bothell, WA 98021-7009 $53,218,162 Apr 2021 78,000 SF
22121 17th SE, Bothell, WA 98021-7429 $200,000,000 Feb 2021 42,572 SF
22025 20th SE, Bothell, WA 98021-4406 $200,000,000 Feb 2021 45,220 SF
1631 220th St Sea, Bothell, WA 98021-8423 $200,000,000 Feb 2021 39,100 SF
2500 223rd SE, Bothell, WA 98021-4427 $63,000,000 Feb 2019 66,420 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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