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    15806 Hwy 99 Lynnwood, WA 98087-1400
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    Property profile & analytics

    15806 Hwy 99 Lynnwood, WA 98087-1400


    • Retail space
    • 9,493 SF
    • 0.60 lot acres
    Off-Market
    Last Sale Jan 21, 2022
    $1,800,000
    Property ID
    US90-0021608
    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.

    Value Estimations
    $1,790,000
    Show details
    Cap Rate Potential
    7.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Canopies By Fred / Industrial Manufacturer / Production Facility
    • New Mattress Overstock Outlet / Furniture & Home Goods
    • Luxurio Seattle / (Bike/Boat/Book/etc) Store
    • Regal Roofing and Contracting LLC / Roofing Company / General Contractor
    • Sunrooms Northwest / General Contractor

    Property Details for 15806 Hwy 99

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property size
    9,493 SF
    Zone code
    GC
    Property type
    Retail space
    APN
    372900202202
    APU
    372900202202

    Description

    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 for efficient truck access and loading/unloading. Situated at the rear of a nine-unit complex, it provides added privacy. Internal amenities include a restroom and two reserved parking spaces. Tenants are responsible for all utilities and NNN charges, including property taxes. The property is in the Lynnwood, Seattle, Edmonds submarket of Snohomish County, WA, zip code 98087. The surrounding area includes a diverse range of businesses, including roofing, auto repair, and home improvement companies. This is a rare opportunity to secure a well-maintained, highly accessible industrial space in a thriving location. Don't miss out!


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,785,000
      ML approach
      $1,785,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,230,000
      6.5%
      $2,060,000
      7%
      $1,910,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,686,000
      Market price range: $1.27M - $3.99M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,665,000
      Current use
      COMMERCIAL (GENERAL)
      $2,880,000
      Change: +8% Conversion: Easy
      WAREHOUSE, STORAGE
      $2,740,000
      Change: +3% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.291
    Latitude
    47.8553
    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
    $14,480
    $861,700
    $847,600
    $1,709,300
    -
    $861,700
    $847,600
    $1,709,300
    More about this property
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