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    Property profile & analytics

    18800 Alderwood Mall Pkwy Lynnwood, WA 98037-8007

    • Turn key restaurants
    • 9,737 SF
    • 8.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 10, 2023
    Location Intelligence
    Property ID
    US90-0396881
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shake Shack Alderwood / Chicken Restaurant / Dessert Restaurant

    Property Details for 18800 Alderwood Mall Pkwy

    Year built
    2018
    Construction
    CONCRETE
    Lot size
    8.38 lot acres
    Property size
    9,737 SF
    Property type
    Turn key restaurants
    APN
    695200000102
    APU
    695200000102

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.27
    Latitude
    47.829
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $88,639
    $8,225,200
    $3,774,600
    $11,999,800
    -
    $8,225,200
    $3,774,600
    $11,999,800

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      16810 Hwy 99

      RESTAURANT • 2,400 SF
      16810 Hwy 99, Lynnwood, WA 98037-3167
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    • Value Estimation
      $370,000
      1,984 SF

      5225 168th SW St

      RESTAURANT • 1,984 SF
      5225 168th SW St, Lynnwood, WA 98037
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    • Value Estimation by Request
      160 SF

      5114 168th SW St

      RESTAURANT • 160 SF
      5114 168th SW St, Lynnwood, WA 98037
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    • Value Estimation by Request
      2,400 SF

      18733 Hwy 99

      RESTAURANT • 2,400 SF
      18733 Hwy 99, Lynnwood, WA 98037-4510
      View Details
    • Value Estimation by Request
      7,162 SF

      18110 Alderwood Mall Pkwy

      RESTAURANT • 7,162 SF
      18110 Alderwood Mall Pkwy, Lynnwood, WA 98037-3959
      View Details
    • Value Estimation
      $3,440,000
      2,852 SF

      16629 Hwy 99b

      RESTAURANT • 2,852 SF
      16629 Hwy 99b, Lynnwood, WA 98037-3163
      View Details

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    Similar Nearby for Lease

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      Retail Space in Lynnwood

      Retail space available for lease in Lynnwood, Washington.
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      Lynnwood Office Space Available

      Office space for lease in Lynnwood, Washington, 1792 square feet.
      17414 Highway 99, Lynnwood, WA 98037
      View Details
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    Lynnwood, WA 98037-8007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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