Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,425,000
Retail space
16809 Hwy 99 Lynnwood, WA 98037-3103
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0483452
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
24,000 SF
Lot
1.93 ac (84,071 SF)
Zoning code
L6
APN
372700900602
UPID
US90-0483452
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
-
Gogovape Department Store
-
AutoZone Auto Parts Auto Parts Store
-
Gogo Smoke & Vape (Bike/Boat/Book/etc) Store
-
Family Mobile Automotive Services Auto Repair Shop
-
Phở Than Brothers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.43M
Owner & transaction history
Eq Investments LLC · 13 yrs held
Eq Investments LLC
since 2012
7 recorded transactions
Zoning & alternative use
L6 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$143 / 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
$48,600
Tax year 2023
Assessed value
$6,446,100
Assessed 2023
Previous assessed
$6,670,000
-3.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$3,033,800
Assessed improvement
$3,412,300
Land market value
$3,033,800
Improvement market value
$3,412,300
Total market value
$6,446,100
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
24,000 SF
Lot
1.93 ac (84,071 SF)
Zoning code
L6
APN
372700900602
UPID
US90-0483452
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
L6 · Lynnwood, WA
Zoning L6 · permitted uses
L6 · 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
1979
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Eq Investments LLC
Entity
Mailing address
7403 LAKEWOOD DR W STE #12, LAKEWOOD, WA 98499-7951
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Eq Investments LLC
—
Deed
related
$1,702,000 · Unibank
Oct 29, 2012
—
Eq Investments LLC
Ksc-beacon LLC
Warranty Deed
$2,500,000 · Unibank
Jul 24, 2007
$750,000
Evergreen Dev Nw INC
Clay,hearl K & Orpha L
Warranty Deed
—
Aug 13, 2004
$3,700,000
M Furniss-beacon LLC
Clay,hearl K & Orpha L
Warranty Deed
$3,500,000 · Rainier Pacific Bank
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$75,000 · Steve Rosen
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$200,000 · Steven Cassady
—
—
Hearl K Clay
—
Deed Of Trust
related
$1,987,500 · Anchor Savings Bank
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$60,000 · Sandra Smith
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$125,000 · Anna M Kriedler
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$50,000 · Marilyn Furniss
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$100,000 · Furniss Kenneth B (es)
—
—
Eq Investments LLC
—
Deed Of Trust
related
$1,000,000 · Unibank
—
—
Eq Investments LLC
—
Deed Of Trust
related
$1,000,000 · Unibank
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$250,000 · Steve Rosen
—
—
Eq Investments LLC
—
Deed Of Trust
related
$325,000 · Unibank
—
—
Hardy-beacon LLC
—
Deed Of Trust
related
$150,000 · Marilyn Furniss
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16809 Hwy 99?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
