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Property profile

18520 33rd W Ave Lynnwood, WA 98037

OFF-MARKET
Retail space
Property ID
US90-0833155
39,153 SF 16.47 ac lot Built 1980
Last sale Oct 2025 · $54,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Alderwood Plaza offers exceptional retail and restaurant opportunities in Snohomish County. This 175,387 square foot strip center boasts a prime location directly across from Alderwood Mall, a major 1.5 million square foot regional shopping destination, and a Loews 16-screen cinema. The property benefits from strong anchor tenants such as HomeGoods, Guitar Center, Big 5 Sporting Goods, Ross Dress for Less, and Albert Lee Appliance, ensuring high foot traffic and brand recognition. A robust…

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?
$313k
Tax billed · 2023
Assessed value$41.68M
Assessed land$23.18M
Assessed improvement$18.50M
Effective rate0.75%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$133 – $420

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PRC
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service16.8
Auto Parts Store16.7
Wholesale Shop13.8

Location

18520 33rd W Ave Lynnwood, WA 98037-4726
County assessor Recorded deeds · 8 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18600 33rd W, Lynnwood, WA 98037-4844 $54,000,000 Jul 2025 24,491 SF
3321 184th SW, Lynnwood, WA 98037-4748 $3,600,000 Aug 2024 4,039 SF
17306 Hwy 99, Lynnwood, WA 98037 $3,130,000 Aug 2023 4,952 SF
3411 184th SW, Lynnwood, WA 98037-4834 $3,000,000 Oct 2022 7,236 SF
4629 168th SW, Lynnwood, WA 98037-8640 $1,630,000 Mar 2022 12,125 SF
18623 Hwy 99, Lynnwood, WA 98037-4552 $6,225,000 Sep 2021 25,337 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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