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Property profile

18505 Alderwood Mall Pkwy Lynnwood, WA 98037

OFF-MARKET
Retail space
Property ID
US90-1339622
11,780 SF 0.78 ac lot Built 1981
Last sale Sep 1988 · $1,477,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 36-yr Hold Held for 36 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space located at 18505 Alderwood Mall Parkway in Lynnwood, Washington, offering approximately 2,506 square feet of interior area configured for retail use.

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?
$27k
Tax billed · 2023
Assessed value$3.60M
Assessed land$1.31M
Assessed improvement$2.29M
Effective rate0.75%

Value estimate

· Oct 2026
$1.87M
$1.68M – $2.06M
CAP approach$2.56M

Realmo valuation models over county records and 22 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 comparables22

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?
LB
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.9
HVAC Service11.3
Smoke and Vape Shop11.3

Location

18505 Alderwood Mall Pkwy Lynnwood, WA 98037-8012
County assessor Recorded deeds · 2 transfers 22 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
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
18623 Hwy 99, Lynnwood, WA 98037-4552 $6,225,000 Sep 2021 25,337 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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