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Property profile

15806 Hwy 99 Lynnwood, WA 98087

OFF-MARKET
Retail space
Property ID
US90-0021608
9,493 SF 0.6 ac lot Built 1987
Last sale Oct 2020 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,400-square-foot flex space, located at 15806 Highway 99 in Lynnwood, Washington, presents a unique opportunity for businesses seeking a prime industrial location. Built in 1987 and extensively renovated in 2022, this single-story building offers a spacious, single-tenant layout ideal for various industrial uses. The property boasts convenient access to Highway 99, ensuring seamless logistics and distribution. This corner unit features two large commercial doors, perfect…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.71M
Assessed land$862k
Assessed improvement$848k
Effective rate0.85%

Value estimate

· Oct 2026
$1.79M
$1.61M – $1.96M
AI approach$1.79M
CAP approach$2.06M
Submarket $/SF estimate$1.69M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$133 – $420
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.7
HVAC Service14.2
Dental Office12.3

Location

15806 Hwy 99 Lynnwood, WA 98087-1400
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15004 Hwy 99, Lynnwood, WA 98087-4720 $1,295,000 Aug 2024 5,074 SF
3609 164th SW, Lynnwood, WA 98087-7017 $4,000,000 Jun 2023 7,000 SF
406 164th SW, Lynnwood, WA 98087-8114 $2,800,000 Feb 2023 15,000 SF
15015 Hwy 99, Lynnwood, WA 98087-5019 $2,100,000 May 2020 7,340 SF
14920 Hwy 99, Lynnwood, WA 98087-2300 $5,200,000 Oct 2019 14,064 SF
2600 162nd SW, Lynnwood, WA 98087-3263 $1,800,000 Aug 2019 7,351 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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