19101 36Th AveLynnwood, WA 98036

Property Details for 19101 36Th Ave

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

0.99 AC

Property size (Sq ft)

23,033 SF

Zone code

L4

Property type

Office properties

Property subtype

Office buildings

APN

372600200504

APU

372600200504

Description

Alderwood Business Campus, a premier industrial property located at 19101 36th Ave W, Lynnwood, WA 98036, offers a unique investment opportunity. This expansive campus comprises six single-story buildings totaling 137,601 square feet, currently featuring a mix of warehouse and flex space. The property is situated in Snohomish County and provides convenient access to major transportation routes. Currently, there is 3,191 square feet of vacant space available, with one unit offering 6,240 square feet ideal for a variety of businesses. The campus's single-story design optimizes efficiency and accessibility. The property's multiple tenancy structure provides flexibility for various business needs. With its strategic location in Lynnwood, Washington, this property presents a compelling opportunity for businesses seeking high-quality industrial space. The 12-story building configuration offers ample space for storage, manufacturing, or distribution. The available space presents a chance to establish a presence in a thriving commercial area with excellent infrastructure and accessibility. This is an exceptional opportunity to acquire a well-maintained industrial property in a prime location. The property's size and layout offer significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $6,212,802

  6.5%

  $5,734,894

  7%

  $5,325,258

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,001,416

  Geo Method

  $4,435,695

• Alternative Use

  Use

  Valuation

  Residential

  $7,111,268

  Hospitality

  $6,513,884

  Educational

  $5,419,474

  Medical

  $5,605,858

  Retail

  $8,430,294

Location Insight

City

Lynnwood

County

Snohomish

State

Washington

Latitude

47.8252

Longitude

-122.281

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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