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Property profile & analytics

19221 36Th Ave Lynnwood, WA 98036

  • Office buildings
  • 22,991 SF
  • 1.16 lot acres
For Lease
Last Sale
Nov 18, 2022
$27,100,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US90-1176881
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

  • Judy Gratton | Edge Group Team | eXp Realty / Real Estate Agency
  • Kathleen M. Matkoski, PHD / Physician / Medical Clinic
  • Longevity Medical Clinic / Medical Clinic
  • Hands for Living / Physician
  • Kari Ketner / Physician

Property Details for 19221 36Th Ave

Year built
1987
Construction
TYPE NOT SPECIFIED
Lot size
1.16 lot acres
Property size
22,991 SF
Zone code
L4
Property type
Office buildings
APN
372600200601
APU
372600200601

Description

Alderwood Business Campus, located at 19221 36th Ave W, Lynnwood, WA 98036, offers a prime opportunity for businesses seeking flexible office space in a thriving location. This two-story, six-building campus has recently undergone common area upgrades, ensuring a modern and professional environment. Five suites are currently available, ranging in size from 635 square feet to 5,758 square feet, catering to various business needs and scales. The campus boasts abundant parking, a significant advantage in a busy area. Its strategic location provides excellent access to major transportation arteries, including I-5 and I-405 freeways, minimizing commute times. Furthermore, the property is conveniently situated near the Lynnwood Transit Center and the new Link Light rail Station, offering multiple commuting options. The surrounding area is rich with amenities, including a variety of restaurants, financial institutions, the Lynnwood Convention Center, and the Alderwood Shopping Mall, providing employees with convenient access to services and leisure activities. Below-market sublease rates are currently available, with the option to execute a direct lease with the landlord. This presents a unique opportunity to secure high-quality office space at a competitive price point in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lynnwood
County
Snohomish
State
Washington
Longitude
-122.281
Latitude
47.8242
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
$36,637
$1,745,100
$3,077,000
$4,822,100
-
$1,745,100
$3,077,000
$4,822,100
More about this property
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