Realmo Analytics

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Property profile

16401 Hwy 99 Lynnwood, WA 98037

OFF-MARKET
Retail space
Property ID
US90-3351080
2,840 SF 0.23 ac lot Built 1927
Last sale Aug 2006 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

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?
$31k
Tax billed · 2023
Assessed value$577k
Assessed land$436k
Assessed improvement$141k
Effective rate5.37%

Value estimate

· Oct 2026
$445k
$401k – $490k
AI approach$445k
CAP approach$615k
Submarket $/SF estimate$613k

Realmo valuation models over county records and 8 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 comparables8

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?
L6
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.2
Law Firm35.6
Dental Office34.2

Location

16401 Hwy 99 Lynnwood, WA 98037-3159
County assessor Recorded deeds · 11 transfers 8 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
18600 33rd W, Lynnwood, WA 98037-4844 $54,000,000 Jul 2025 24,491 SF
17426 Hwy 99, Lynnwood, WA 98037-3144 $750,000 Dec 2024 1,273 SF
3321 184th SW, Lynnwood, WA 98037-4748 $3,600,000 Aug 2024 4,039 SF
17306 Hwy 99, Lynnwood, WA 98037 $3,130,000 Aug 2023 4,952 SF
3411 184th SW, Lynnwood, WA 98037-4834 $3,000,000 Oct 2022 7,236 SF
4629 168th SW, Lynnwood, WA 98037-8640 $1,630,000 Mar 2022 12,125 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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