Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

18927 33Rd Ave W Lynnwood, WA 98036

FOR SALE
Office buildings
Property ID
US90-0358989
4,904 SF 0.32 ac lot Built 1982
Last sale Feb 2017 · $550,000
Trust Owned Owner of record is a trust. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
18927 33Rd Ave W, Lynnwood, WA 98036 For Sale
Contact for pricing 4,904 SF
18927 33Rd Ave W, Lynnwood, WA 98036
View Listing

Property summary

AI-generated overview

This office building is located in Lynnwood, Washington, adjacent to Alderwood Mall, within a mixed business, office, and retail district. The property is positioned near Interstate 5, major arterial roads, and public transportation, and it provides street presence and on-site parking. The building has a flexible floor plate designed to accommodate a range of occupancy and operating configurations.

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?
$9k
Tax billed · 2023
Assessed value$1.18M
Assessed land$563k
Assessed improvement$613k
Effective rate0.75%

Value estimate

· Oct 2026
$415k
$374k – $457k
CAP approach$1.44M
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$18k
Operating expenses−$29k
NOI · 4.48% cap applied$87k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$609/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$229 – $845

Cap rate analysis

How does the asset earn?
4.48%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LA
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 Store16.2
HVAC Service12.6
Smoke and Vape Shop11.6

Location

18927 33Rd Ave W Lynnwood, WA 98036
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file 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
5925 203rd SW, Lynnwood, WA 98036 $3,900,000 May 2025 7,212 SF
5611 196th SW, Lynnwood, WA 98036-6168 $1,875,000 Jan 2025 5,763 SF
21300 68th W, Lynnwood, WA 98036-7310 $500,000 Jul 2024 7,380 SF
6226 196th SW, Lynnwood, WA 98036-5959 $900,000 Jul 2022 6,364 SF
21316 66th W, Lynnwood, WA 98036-7327 $1,500,000 Jun 2022 6,000 SF
6327 204th SW, Lynnwood, WA 98036-6271 $19,800,000 Jun 2022 3,600 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved