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Property profile

16404 Hwy 99 Lynnwood, WA 98037

OFF-MARKET
Other commercial real estate
Property ID
US90-0285518
3,600 SF 0.23 ac lot Built 1940
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use building contains three professional office suites on the lower level and a retail storefront positioned above. The configuration is designed to accommodate both professional service uses in the office suites and retail or specialty services in the storefront. The property is situated on a high-traffic commercial corridor with street frontage, providing signage exposure. The building is suitable for use as a combined office-and-retail asset and may be adaptable for redevelopment or repositioning over time.

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?
$8k
Tax billed · 2023
Assessed value$983k
Assessed land$491k
Assessed improvement$493k
Effective rate0.84%

Value estimate

· Oct 2026
$340k
$306k – $374k
CAP approach$625k
Submarket $/SF estimate$1.06M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
County average, outlier-cleaned · 165 recorded sales of this use type
Observed band · Q1–Q3$140 – $537
Qualifying comparables15

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?
SA
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 Office35.1

Location

16404 Hwy 99 Lynnwood, WA 98037-3160
County assessor Recorded deeds · 9 transfers 15 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

2 recorded sales · 5 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18327 Hwy 99, Lynnwood, WA 98037-4409 $2,700,000 Jan 2025 12,000 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
5 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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