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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Manufacturing properties
19331 21st W Ave Lynnwood, WA 98036-4832
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-0368252
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
6,832 SF
Lot
0.95 ac (41,382 SF)
Zoning code
GC
APN
372800802003
UPID
US90-0368252
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
-
Bartlett Tree Experts Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$458k
Blend (final)
Blend
$605k
Owner & transaction history
Bartlett Realty Co INC · 8 yrs held
Bartlett Realty Co INC
since 2018
7 recorded transactions
Zoning & alternative use
GC · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$89 / 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
$16,047
Tax year 2023
Assessed value
$1,835,300
Assessed 2023
Previous assessed
$1,778,500
+3.2% YoY
Effective rate
0.87%
On assessed value
Assessed land
$1,074,300
Assessed improvement
$761,000
Land market value
$1,074,300
Improvement market value
$761,000
Total market value
$1,835,300
Applied tax rate
2,446.0000
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
2
Stories
2
Total area
6,832 SF
Lot
0.95 ac (41,382 SF)
Zoning code
GC
APN
372800802003
UPID
US90-0368252
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Lynnwood, WA
Zoning GC · permitted uses
GC · 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
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Bartlett Realty Co INC
Entity
Free & Clear · 8 yrs held
Mailing address
1290 E MAIN ST, STAMFORD, CT 06902-3555
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2019
—
Bartlett Realty Company INC
—
Deed
related
$2,500,000 · Wells Fargo Bank NA
Jan 16, 2018
$3,200,000
Bartlett Realty Co INC
Atlas Holdings LLC
Warranty Deed
—
Oct 31, 2001
—
Atlas Holdings LLC
Jacobs,lee-lang A & Christopher
Grant Deed
related
—
Aug 22, 1994
$457,500
—
Pisco,walter J
Grant Deed
related
$407,000 · Money Store Wa
Mar 1, 1989
$312,000
Walter J Pisco
Unknown
Grant Deed
$234,000 · Key Bank Of Washington
—
—
Christopher Jacobs
—
Deed Of Trust
related
$348,427 · Frontier Bank
—
—
Atlas Holdings LLC
—
Deed Of Trust
related
$530,000 · Us Bank NA
—
—
Atlas Holdings LLC
—
Deed Of Trust
related
$530,000 · Us Bank NA
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.
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