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Property profile & analytics
OFF-MARKET
Estimated value
$3,245,000
Auto shops
19411 Hwy 99 Lynnwood, WA 98036-5250
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0775473
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Construction
WOOD
Total area
10,536 SF
Lot
0.76 ac (33,106 SF)
Zoning code
CG
APN
585300001601
UPID
US90-0775473
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
-
Linny Nails Salon Nail Salon
-
American Dream Motors Car Dealership
-
Magic Tint & Auto Detailing Interior Design Auto Repair Shop
-
Lynnwood Tire and Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.29M
Blend (final)
Blend
$3.25M
Owner & transaction history
Arks Global Enterprise LLC · 5 yrs held
Arks Global Enterprise LLC
since 2020
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
CG · 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
$3,390,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,035,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,355,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$4,115,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.25M
Range $2.92M – $3.57M · ±10% · vs last sale $2.63M (Sep 21 2020)
Last sale anchor
$2.63M
Sep 21 2020
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
$308 / 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
$18,864
Tax year 2023
Assessed value
$2,505,000
Assessed 2023
Previous assessed
$2,505,000
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,945,000
Assessed improvement
$560,000
Land market value
$1,945,000
Improvement market value
$560,000
Total market value
$2,505,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
10,536 SF
Lot
0.76 ac (33,106 SF)
Zoning code
CG
APN
585300001601
UPID
US90-0775473
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Lynnwood, WA
Zoning CG · permitted uses
CG · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Arks Global Enterprise LLC
Entity
Mailing address
5920 188TH ST SW, LYNNWOOD, WA 98037-4334
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
—
Arks Global Enterprises LLC
—
Deed
related
$1,950,000 · Coastal Community Bank
Sep 21, 2020
$2,625,000
Arks Global Enterprise LLC
19411 Lynnwood LLC
Warranty Deed
$824,000 · Veristone Fund I LLC
Jan 31, 2018
$1,980,000
19411 Lynnwood LLC
19699 Lynnwood LLC
Warranty Deed
$1,584,000 · Mountain Pacific Bank
Mar 23, 2017
—
19699 Lynnwood LLC
Tachdjian,siegrid
Quit Claim Deed
related
—
Jan 4, 2011
—
19699 Lynnwood LLC
Tachdjian,samuel A
Quit Claim Deed
related
—
—
—
Atlas Tower Holdings LLC
—
Deed Of Trust
related
$3,000,000 · First Wstrn Tr Bk
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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