Property profile

22315 Highway 99 N Edmonds, WA 98026

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US90-1694985
19,379 SF 1.71 ac Built 1987
Last sale Apr 2022·$4,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial building situated on Highway 99, providing multiple leasable spaces. It includes Suite B with 1,375 square feet and a combined area for Suites E and F totaling 6,000 square feet. The building has been remodeled with a modern design and includes a large monument sign on Highway 99. The site is located within minutes of I-5 and provides 90 parking stalls.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$4.07M
Assessed land$2.45M
Assessed improvement$1.62M
Effective rate0.82%

Value estimate

· Nov 2026
$4.12M
$3.70M – $4.53M
AI approach$4.24M
CAP approach$4.20M
Submarket $/SF estimate$4.25M
NOI build-up
Gross scheduled income$140k
Vacancy & credit loss−$10k
Operating expenses−$39k
NOI · 261,705.71% cap applied$92k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489
Qualifying comparables16

Cap rate analysis

How does the asset earn?
261,705.71%
$92k 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?
E2
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Clothing Store11.8
Furniture Store11.5

Location

22315 Highway 99 N Edmonds, WA 98026
County assessor Recorded deeds · 6 transfers 16 qualifying comp sales 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7528 Olympic Vw, Edmonds, WA 98026-5523 $7,680,000 Apr 2024 11,960 SF
7530 Olympic Vw, Edmonds, WA 98026-5522 $7,680,000 Jan 2024 12,858 SF
7215 212th SW, Edmonds, WA 98026-7735 $1,460,000 Sep 2023 3,276 SF
21940 Hwy 99, Edmonds, WA 98026-8038 $4,250,000 Aug 2022 6,189 SF
21900 Hwy 99, Edmonds, WA 98026-8038 $23,500,000 Dec 2020 85,553 SF
8416 Bowdoin, Edmonds, WA 98026-7322 $3,500,000 Sep 2020 6,920 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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