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Property profile & analytics
FOR LEASE
Office buildings
19105 36Th Ave W Lynnwood, WA 98036
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0937680
For Lease
$28 SF/Yr
19105 36Th Ave W, Lynnwood, WA 98036
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
22,991 SF
Lot
0.99 ac (43,124 SF)
Zoning code
L4
APN
372600200505
UPID
US90-0937680
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
-
Sparks Financial Services Financial Advisor
-
Global Barcode Electronics & Wireless Store
-
Kristina's Abacus Accounting Firm Tax Preparation
-
Abella Tax Services, Inc. Accounting Firm Tax Preparation
-
Tax Partners Northwest LLC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rh Alderwood Bc Associates LLC · 3 yrs held
Rh Alderwood Bc Associates LLC
since 2022
Last sale
$27.1M
5 recorded transactions
Zoning & alternative use
L4 · 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
—
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
$36,637
Tax year 2023
Assessed value
$4,822,100
Assessed 2023
Previous assessed
$4,347,400
+10.9% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,531,800
Assessed improvement
$3,290,300
Land market value
$1,531,800
Improvement market value
$3,290,300
Total market value
$4,822,100
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
22,991 SF
Lot
0.99 ac (43,124 SF)
Zoning code
L4
APN
372600200505
UPID
US90-0937680
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
L4 · Lynnwood, WA
Zoning L4 · permitted uses
L4 · 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
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Rh Alderwood Bc Associates LLC
Entity
Mailing address
PO BOX 5003, BELLEVUE, WA 98009-5003
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$27,100,000
Rh Alderwood Bc Associates LLC
Sterling Realty Organization Co
Special Warranty Deed
$16,800,000 · Standard Insurance Co
Jan 30, 2014
$16,400,000
Realty Organization C Sterling
Design Real Estate Associates
Grant Deed
$9,000,000 · Jackson National Life Ins Co
Mar 29, 2011
—
Design Real Estate Assocs Ltd
—
Deed Of Trust
related
$13,500,000 · Central Pacific Bank
Aug 4, 2003
—
Design Real Estate Assoc Ltd
—
Deed Of Trust
related
$2,275,000 · Central Pacific Bank
—
—
Design Real Estate Associates
—
Deed Of Trust
related
$9,450,000 · Central Pacific Bank
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?”
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