16401 Hwy 99 Lynnwood, WA 98037-3159
Property profile & analytics
16401 Hwy 99 Lynnwood, WA 98037-3159
- Retail space
- 2,840 SF
- 0.23 lot acres
Property ID
US90-3351080
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.
Location Intelligence
Current Use by Public Records
- Keeler's Korner / Tour Operator
Property Details for 16401 Hwy 99
- Year built
- 1927
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 2,840 SF
- Zone code
- L6
- Property type
- Retail space
- APN
- 372700800205
- APU
- 372700800205
Description
This exceptional commercial property, located at 16401 Highway 99 in Lynnwood, Washington, presents a unique investment opportunity. Situated on a 0-acre lot, this general commercial building boasts unparalleled visibility and accessibility due to its prime location off Highway 99. The property benefits from an impressive daily traffic count exceeding 44,000 vehicles, ensuring significant exposure for any business. This translates to substantial foot traffic and brand visibility, making it ideal for a wide range of commercial uses. Beyond its strategic location and high traffic volume, this property holds significant historical value as a nationally recognized historic building. This adds a distinct character and charm, potentially attracting businesses seeking a unique and memorable location. The asking price is $1,800,000. The square footage is not currently specified. This property's combination of high visibility, historical significance, and convenient location makes it an exceptional investment opportunity for discerning buyers seeking a well-positioned commercial asset in a thriving area. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $445,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $665,000
- 6.5%
- $615,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $613,000
Market price range: $379k - $1.19M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $800,000 Current use
- COMMERCIAL (GENERAL)
- $860,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $820,000 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
- -122.293
- Latitude
- 47.85
- 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
$30,995
$436,100
$140,600
$576,700
-
$436,100
$140,600
$576,700
