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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail properties & Spaces
16709 Hwy 99 Lynnwood, WA 98037
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1299936
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2019
Construction
WOOD
Total area
3,248 SF
Lot
0.87 ac (37,897 SF)
Zoning code
CG
APN
372700900401
UPID
US90-1299936
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Brown Bear Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$665k
Owner & transaction history
Car Wash Ents INC · 10 yrs held
Car Wash Ents INC
since 2016
7 recorded transactions
Zoning & alternative use
CG · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,274
Tax year 2023
Assessed value
$2,063,700
Assessed 2023
Previous assessed
$1,921,700
+7.4% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,272,300
Assessed improvement
$791,400
Land market value
$1,272,300
Improvement market value
$791,400
Total market value
$2,063,700
Applied tax rate
452.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
3,248 SF
Lot
0.87 ac (37,897 SF)
Zoning code
CG
APN
372700900401
UPID
US90-1299936
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Lynnwood, WA
Zoning CG · permitted uses
CG · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Car Wash Ents INC
Entity
Mailing address
3977 LEARY WAY NW, SEATTLE, WA 98107-5041
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2016
$1,195,000
Car Wash Ents INC
Goodman Family Trust
Warranty Deed
—
Nov 17, 2014
$550,000
Car Wash Ents INC
Kathleen V Barrett
Warranty Deed
—
Dec 6, 2013
$300,000
Kathleen V Barrett
Sheriff Of Snohomish County|sb Brothers INC
Foreclosure
related
—
Jan 16, 2008
—
Goodman Family Trust
Goodman,jerry & Jeannie
Quit Claim Deed
related
—
Dec 28, 2006
—
S B Brothers INC
—
Grant Deed
related
$1,300,000 · Unibank
Jun 1, 2005
$632,400
Jerry H Goodman
Donner,james H
Warranty Deed
$436,536 · First Heritage Bank
Sep 30, 2004
$500,000
Sb Brothers INC
Camilla Barrett
Warranty Deed
$400,000 · Kathleen Barrett
Jan 3, 1995
$53,500
—
Redeker,charles
Grant Deed
related
—
—
—
Jerry H Goodman
—
Deed Of Trust
related
$442,000 · North County Bank
—
—
S B Brothers INC
—
Deed Of Trust
related
$150,000 · Private Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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