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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Automotive properties
13131 Mukilteo Speedway Lynnwood, WA 98087-5387
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2143030
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2018
Construction
WOOD
Total area
6,750 SF
Lot
1.37 ac (59,677 SF)
Zoning code
S1
APN
537800001400
UPID
US90-2143030
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
-
Ascension Sports Lab Gym & Fitness Center Sports Field & Court
-
24 Golf Club Golf Course
-
Y&D Auto Sales LLC Car Dealership
-
Tellus of Earth Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$565k
Owner & transaction history
Possession Lane Dev INC · 10 yrs held
Possession Lane Dev INC
since 2016
7 recorded transactions
Zoning & alternative use
S1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / 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
$11,055
Tax year 2023
Assessed value
$1,210,000
Assessed 2023
Previous assessed
$945,000
+28.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$748,100
Assessed improvement
$461,900
Land market value
$748,100
Improvement market value
$461,900
Total market value
$1,210,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Units
5
Total area
6,750 SF
Lot
1.37 ac (59,677 SF)
Zoning code
S1
APN
537800001400
UPID
US90-2143030
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
S1 · Lynnwood, WA
Zoning S1 · permitted uses
S1 · 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
2018
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
1.37 ac
Current owner
From public records · entity-resolved
Possession Lane Dev INC
Entity
Mailing address
12527 MUKILTEO SPEEDWAY STE #101, LYNNWOOD, WA 98087-1527
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jan 20, 2021
—
Begis Business Park
—
Deed
related
$1,300,000 · Columbia State Bank
Jul 9, 2019
—
Begis Business Park INC
—
Deed
related
$677,000 · Banner Bank
Apr 2, 2018
—
Begis Business Park INC
—
Trustees Deed
related
$400,000 · James B & Bernadeen K Bowers
May 11, 2017
—
Begis Business Park INC
—
Trustees Deed
related
$471,300 · James B & Bernadeen K Bowers
Nov 30, 2016
—
Possession Lane Dev INC
—
Trustees Deed
related
$270,000 · James B & Bernadeen K Bowers
May 2, 2016
—
Mahalo 5717 INC
—
Trustees Deed
related
$250,000
Mar 9, 2016
$150,000
Possession Lane Dev INC
Dolam,dylan
Warranty Deed
$495,000 · James B & Bernadeen K Bowers
Jul 1, 2014
—
Begis Business Park INC
Picnic Point Dev INC
Quit Claim Deed
related
—
May 15, 2012
$222,500
Picnic Point Dev INC
Gateway Office Dev LLC
Warranty Deed
$212,500 · Gateway Office Dev LLC
Aug 21, 2000
—
H2 Capital LLC
Taiyo American Corp
Trustees Deed
related
—
May 12, 2000
$160,000
Taiyo American Corp
Brown,norma L
Grant Deed
—
Feb 11, 1998
—
Washington State
Brown,norma I
Grant Deed
related
—
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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