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Property profile & analytics
OFF-MARKET
Estimated value
$3,515,000
Warehouses
12300 Beverly Park Rd Lynnwood, WA 98087-1506
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-3353163
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
27,100 SF
Lot
1.82 ac (79,279 SF)
Zoning code
SG
APN
538100002000
UPID
US90-3353163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Vertical World North Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.52M
Owner & transaction history
Vertical World North Ltd · 11 yrs held
Vertical World North Ltd
since 2014
7 recorded transactions
Zoning & alternative use
SG · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,194
Tax year 2023
Assessed value
$4,750,000
Assessed 2023
Previous assessed
$4,260,400
+11.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$1,069,700
Assessed improvement
$3,680,300
Land market value
$1,069,700
Improvement market value
$3,680,300
Total market value
$4,750,000
Applied tax rate
2,310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
1
Total area
27,100 SF
Lot
1.82 ac (79,279 SF)
Zoning code
SG
APN
538100002000
UPID
US90-3353163
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Lynnwood, WA
Zoning SG · permitted uses
SG · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Vertical World North Ltd
Individual
Mailing address
6520 212TH ST SW STE #204, LYNNWOOD, WA 98036-7427
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
—
Vertical World North Ltd
—
Deed
related
$2,600,000 · Bank Of America NA
Sep 13, 2017
—
Vertical World North Ltd
—
Deed
related
$2,700,000 · Jpmorgan Chase Bank NA
Nov 4, 2014
$1,237,500
Vertical World North Ltd
Clifford E Moon
Warranty Deed
$2,475,000 · Coastal Community Bank
Aug 8, 2006
—
Clifford E Moon
—
Trustees Deed
related
$150,000 · Frontier Bank
Apr 29, 2005
$275,000
Clifford E Moon
Northshore Baptist Church
Warranty Deed
$210,000 · Frontier Bank
Sep 30, 2003
—
Northshore Baptist Church
Bettag,jurgen F & Yin L
Grant Deed
related
—
Feb 7, 2002
—
Snohomish County (wa)
Bettag,jurgen F & Yin L
Grant Deed
related
—
Nov 1, 1989
$4,000
Jurgen Franz Bettag
Unknown
Grant Deed
—
—
—
Clifford E Moon
—
Deed Of Trust
related
$400,000 · Frontier Bank
—
—
Clifford E Moon
—
Deed Of Trust
related
$100,000 · Frontier Bank
—
—
Clifford Moon
—
Deed Of Trust
related
$813,000 · Coastal Community Bank
—
—
Clifford E Moon
—
Deed Of Trust
related
$86,493 · Jeff Lindstrom
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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