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Property profile & analytics
OFF-MARKET
Turn key restaurants
14912 Hwy 99 Lynnwood, WA 98087-2316
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1002154
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Construction
WOOD
Total area
3,047 SF
Lot
0.41 ac (17,860 SF)
Zoning code
UC
APN
372901001105
UPID
US90-1002154
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
-
Advanced Dental Solutions Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
S & L Real Estate Holdings LLC · 7 yrs held
S & L Real Estate Holdings LLC
since 2019
6 recorded transactions
Zoning & alternative use
UC · 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
—
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
$10,555
Tax year 2023
Assessed value
$1,147,000
Assessed 2023
Previous assessed
$822,000
+39.5% YoY
Effective rate
0.92%
On assessed value
Assessed land
$640,800
Assessed improvement
$506,200
Land market value
$640,800
Improvement market value
$506,200
Total market value
$1,147,000
Applied tax rate
2,446.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
3,047 SF
Lot
0.41 ac (17,860 SF)
Zoning code
UC
APN
372901001105
UPID
US90-1002154
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UC · Lynnwood, WA
Zoning UC · permitted uses
UC · 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
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
S & L Real Estate Holdings LLC
Entity
Mailing address
15620 HWY 99TH 4TH STE #4, LYNNWOOD, WA 98087-1475
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
—
S&l Real Estate Holdings LLC
—
Deed
related
$1,395,130 · First Citizens Bank & Trust Co
Jul 5, 2019
—
S&l Real Estate Holdings LLC
—
Deed
related
$1,478,000 · First Citizens Bank & Trust Co
Jan 30, 2019
$745,000
S & L Real Estate Holdings LLC
Hwy9914912 LLC
Warranty Deed
$1,072,500 · Other Institutional Lenders
Aug 31, 2017
$762,000
Hwy9914912 LLC
14912hwy99 LLC
Warranty Deed
$762,000 · 14912hwy99 LLC
Nov 21, 2006
—
14912hwy99 LLC
Eng,william & Theresa
Quit Claim Deed
related
—
Aug 7, 1996
$675,000
William Eng
Ivars Real Estate Associates
Grant Deed
$375,000 · Frontier Bank
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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