Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,650,000
Office buildings
19231 36th W Ave Lynnwood, WA 98036-5763
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0698652
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1987
Construction
TYPE NOT SPECIFIED
Total area
21,762 SF
Lot
1.22 ac (53,143 SF)
Zoning code
L4
APN
372600200703
UPID
US90-0698652
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
-
Cynthia Larsen Physician
-
Valen E. Sampson, Cota Physician
-
Cornerstone Healthcare Training Company, LLC Training Center
-
Seattlei.com IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Valen Sampson Occupational Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.65M
Owner & transaction history
Lbc L&r Investments LLC · 4 yrs held
Lbc L&r Investments LLC
since 2021
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,890,000
6.5%
$6,360,000
7%
$5,905,000
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$214 / SF
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
$32,010
Tax year 2023
Assessed value
$4,197,000
Assessed 2023
Previous assessed
$3,970,600
+5.7% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,850,600
Assessed improvement
$2,346,400
Land market value
$1,850,600
Improvement market value
$2,346,400
Total market value
$4,197,000
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
Off-Market
Year built
1987
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
21,762 SF
Lot
1.22 ac (53,143 SF)
Zoning code
L4
APN
372600200703
UPID
US90-0698652
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
1987
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
Lbc L&r Investments LLC
Entity
Mailing address
PO BOX 5003, BELLEVUE, WA 98009-5003
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2021
—
Lbc L&r Investments LLC
L&r Investments LLC
Quit Claim Deed
related
$1,600,000 · Riversource Life Insurance Co
May 6, 2009
$92,977
L & R Investments LLC
L & R Investments
Quit Claim Deed
related
—
Jul 31, 1998
$1,325,000
L Investments
Fisher,richard H & Diana J
Grant Deed
related
—
Feb 1, 1986
$213,200
—
—
Grant Deed
related
—
—
—
L & R Investments LLC
—
Deed Of Trust
related
$1,150,000 · American Equity Inv Life Ins
—
—
I Investments
—
Deed Of Trust
related
$900,000 · Artesia Mortgage Capital Corp
—
—
Richard H Fisher
—
Deed Of Trust
related
$250,000 · Seafirst Bank
—
—
Richard H Fisher
—
Deed Of Trust
related
$205,000 · Frontier Bank
—
—
L & R Investments LLC
—
Deed Of Trust
related
$1,000,000 · American Equity Inv Life Ins
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?”
You own 19231 36th W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
