19420 21St Ave W Lynnwood, WA 98036
For Sale
This exceptional 10,614 square foot industrial/office property, located at 19420 21st Ave W in Lynnwood, Washington, presents a compelling investment opportunity. Built in 1930 and extensively renovated in 2000, the property sits on a 1.06-acre lot (APN: 00372800801904) and is zoned GC. The asking price is $2,500,000, translating to $235.54 per square foot. Its versatile design makes it suitable for a variety of uses, including warehouse distribution, industrial operations, retail ventures, or manufacturing. The property benefits from its strategic location, offering easy access to major transportation arteries such as I-5 and I-405, ensuring efficient logistics and convenient commutes. This prime commercial real estate in Lynnwood, WA (zip code 98036) is situated just off 196th St SW, providing excellent visibility and accessibility. The property's substantial size and adaptable layout offer significant potential for a wide range of businesses seeking a well-established and conveniently located space in Snohomish County. This is a rare opportunity to acquire a well-maintained and strategically positioned industrial/office property in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SA · Lynnwood, WALynnwood. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.