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    Property profile & analytics

    15615 Highway 99 Lynnwood, WA 98087

    • Bars
    • 21,973 SF
    • 0.44 lot acres
    For Lease
    View listing
    $1.15 SF/Yr
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US90-1269797
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 15615 Highway 99

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Property size
    21,973 SF
    Zone code
    UC
    Property type
    Bars
    Property subtype
    Pubs
    APN
    372900201808
    APU
    372900201808

    Description

    This exceptional property, located at 15615-15703 Hwy 99, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The building totals 23,743 square feet, with 5,215 square feet currently vacant and available for lease. The available space is divisible, with two spaces ranging from 4,528 to 12,056 square feet. The property features a convenient multiple tenancy setup, making it suitable for businesses of various sizes. Enjoy a 9-foot ceiling height throughout the building. The strategic location on Highway 99 provides excellent visibility and signage opportunities, ensuring high brand awareness. The property also boasts grade-level and dock-high loading capabilities, simplifying logistics and enhancing operational efficiency. Secure parking is available for tenants and their clients. Furthermore, the building offers easy access to major transportation arteries, including SR-525, I-405, and I-5, facilitating seamless commutes and efficient freight movement. This property is situated in Snohomish County. The combination of prime location, flexible space options, and convenient amenities makes this an unparalleled opportunity for businesses seeking a high-profile presence in a thriving area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $610,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $625,000
      Retail
      $625,000
      Mixed-Use
      $660,000
      Hospitality
      $555,000
      Educational
      $615,000
      Residential Income
      $480,000
      Energy
      $555,000
      Income-Based Land
      $540,000
      Food Service
      $545,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.288
    Latitude
    47.8569
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,067
    $668,000
    $793,900
    $1,461,900
    -
    $668,000
    $793,900
    $1,461,900

    Comparable in this City

    • Value Estimation
      $345,000
      4,016 SF

      14019 Hwy 99

      BAR, TAVERN • 4,016 SF
      14019 Hwy 99, Lynnwood, WA 98087-1727
      View Details
    • Value Estimation by Request
      13,396 SF

      14626 Hwy 99

      RESTAURANT • 13,396 SF
      14626 Hwy 99, Lynnwood, WA 98087-5556
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    • Value Estimation by Request
      3,024 SF

      1330 164th SW St

      RESTAURANT • 3,024 SF
      1330 164th SW St, Lynnwood, WA 98087-8513
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    • Value Estimation by Request
      2,158 SF

      3614 121st SW St

      RESTAURANT • 2,158 SF
      3614 121st SW St, Lynnwood, WA 98087-1539
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    • Value Estimation by Request
      4,365 SF

      14923 Hwy 99

      RESTAURANT • 4,365 SF
      14923 Hwy 99, Lynnwood, WA 98087-2315
      View Details
    • Value Estimation
      $2,530,000
      4,656 SF

      526 164th SW St

      RESTAURANT • 4,656 SF
      526 164th SW St, Lynnwood, WA 98087-8882
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.76 Acres

      Lynnwood Terrace Development Site

      Prime Highway 99 location, mixed-use potential.
      16100-15900 Highway 99, North Lynnwood, WA 98087
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      Lynnwood Warehouse: Hwy 99 Exposure

      Prime industrial warehouse, high visibility.
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      Highway 99 Corner Lot

      30,927 SF lot with high traffic frontage on Highway 99.
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      Highway-99 Development Site

      2.76-acre development site with flexible commercial zoning.
      15900-16100 Highway 99, Lynnwood, WA 98087
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    • $2,299,999
      55,321 SF

      Commercially Zoned Lot on Highway

      Commercially zoned 1.27 acre lot on Highway 99.
      15315 Highway 99, Lynnwood, WA 98087
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    • $150,000

      Profitable Lynnwood Business Opportunity

      Established Food Business - Turnkey Operation
      11124 Bo Undisclosed, Lynnwood, WA 98087
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    Similar Nearby for Lease

    • $15 SF/Yr
      2,531 SF

      Retail Space on Highway 99

      Retail space available for lease on Highway 99.
      14920-14928 Highway 99, Lynnwood, WA 98087
      View Details
    • Contact for pricing
      978 SF

      Retail Space in Lynnwood, WA

      Retail space available for lease in Lynnwood, Washington.
      16006-16110 Ash Way, Lynnwood, WA 98087
      View Details
    • Contact for pricing
      49,453 SF

      Newberry Square Retail Space Available

      Lynnwood Retail: 3 Spaces, 842-1186 sq ft
      16108 Ash Way, Lynnwood, WA 98087
      View Details
    • $0.21 SF/Yr

      Gravel Yard/Parking Lot For Lease

      Graveled storage yard/parking lot with over 2 acres of usable area.
      3417-3429 132Nd St SW | Lynnwood, Lynnwood, WA 98087
      View Details
    • $28 SF/Yr
      900 SF

      Retail Space in Lynnwood

      900 SF retail space available for lease.
      12926 Mukilteo Speedway, Lynnwood, WA 98087
      View Details
    • $1.35 SF/Yr
      57,778 SF

      Lynnwood Light Industrial Space Available

      9,586 SF light industrial space for lease in Lynnwood.
      12512 Beverly Park Rd, Lynnwood, WA 98087
      View Details
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    15615 Highway 99
    Lynnwood, WA 98087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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