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Property profile & analytics
OFF-MARKET Estimated value $2,670,000
Office buildings

18908 Hwy 99 Lynnwood, WA 98036-5218

13,432 SF 0.81 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US90-1527122
Property summary
AI-generated overview

This exceptional Lynnwood property, known as CENTERS III BUSINESS CENTER, offers a unique blend of retail, office, and industrial space, perfect for a variety of businesses. The property comprises three single-story buildings totaling 35,041 square feet, situated on a 0.88-acre lot. Built in 1955, the buildings are currently available for lease as a multi-tenant property. One immediately available retail space of 1,823 square feet features a roll-up door, making it particularly well-suited for businesses requiring both storefront presence and warehouse/manufacturing capabilities. This makes it an excellent option for small-scale manufacturing, wholesaling, or assembly businesses needing a retail component. The property's location in the Lynnwood submarket of Snohomish County provides convenient access to transportation and a strong local market. The flexible layout allows for customization to meet specific business needs. This is a rare opportunity to secure a versatile commercial space in a desirable location. The property's size and configuration offer significant potential for growth and expansion. Inquire today to learn more about leasing opportunities within this established business center.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 13,432 SF
Lot 0.81 ac (35,284 SF)
Zoning code L6
APN 27041600303900
UPID US90-1527122
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
  • Premium Automotive Auto Repair Shop
  • Smart Start Ignition Interlock Building Supply General Contractor
  • Hankook Tire Lynnwood (Bike/Boat/Book/etc) Store Auto Parts Store
  • Drift Depot (Bike/Boat/Book/etc) Store Auto Parts Store
  • Clean and Simple Cleaning Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.67M
Owner & transaction history
Aurora Center LP
Aurora Center LP
1 recorded transaction
1969
Price N/A
Zoning & alternative use
L6 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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