4100 194Th StLynnwood, WA 98036

  • Office properties
  • 65,692 SF
For Lease
$22/SF/YR View listing

Property Details for 4100 194Th St

Year built
2000
Construction
STEEL FRAME
Lot size
1.35 AC
Property size (Sq ft)
65,692 SF
Zone code
CC-C
Property type
Office properties
Property subtype
Office buildings
APN
372600500702
APU
372600500702

Description

Sparling Technology Center, located at 4100 194th Street SW in Lynnwood, WA 98036, offers a prime opportunity for businesses seeking Class A office space in Snohomish County. This executive office building boasts a total of 69,798 square feet, with a significant amount of vacant space currently available, totaling 54,365 square feet. Multiple suites are available, ranging in size from a minimum of 1,695 square feet to a maximum contiguous space of 19,611 square feet, providing flexibility for businesses of various sizes. The building's ample parking provides a convenient 3.25 spaces per 1,000 square feet. The property is conveniently situated in Lynnwood, offering easy access to major transportation routes and amenities. This is an exceptional opportunity to secure high-quality office space in a desirable location. The building's classification as Class A signifies its superior construction, modern amenities, and overall high-quality standards. The available space presents a unique chance to establish or expand a business in a thriving area. Interested parties are encouraged to inquire about the available suites and lease terms.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,719,418
    6.5%
    $16,356,386
    7%
    $15,188,073
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,968,612
    Geo Method
    $12,650,965
  • Alternative Use

    Use
    Valuation
    Residential
    $20,281,920
    Hospitality
    $18,578,128
    Educational
    $15,456,785
    Medical
    $15,988,368
    Retail
    $24,043,888
4100 194Th St, Lynnwood, Washington
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Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.8225
Longitude
-122.289
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$133,800
$1,514,600
$15,867,400
$17,382,000
-
$1,514,600
$15,867,400
$17,382,000

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