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Financial
Distress signals
Property profile

19420 21St Ave W Lynnwood, WA 98036

FOR SALE
Manufacturing properties
Property ID
US90-1036400
8,614 SF 1.06 ac lot Built 1930
Last sale Oct 2008
Trust Owned Owner of record is a trust. 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
19420 21St Ave W, Lynnwood, WA 98036 For Sale
Contact for pricing 8,614 SF
19420 21St Ave W, Lynnwood, WA 98036
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Property summary

AI-generated overview

The property is a commercial building with 10,614 square feet of adaptable space designed to support uses such as warehouse distribution, industrial activities, retail, or manufacturing. It is situated on 1.06 acres just off 196th St SW. The site’s location provides access to major transportation routes, with proximity to both I-5 and I-405.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$1.39M
Assessed land$953k
Assessed improvement$439k

Value estimate

· Oct 2026
$960k
$864k – $1.06M
CAP approach$1.29M
NOI build-up
Gross scheduled income$169k
Vacancy & credit loss−$12k
Operating expenses−$24k
NOI · 5.37% cap applied$134k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
County average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$138 – $512
Qualifying comparables10

Cap rate analysis

How does the asset earn?
5.37%
$134k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SA
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store17.1
Wholesale Shop13.9
HVAC Service12.3

Location

19420 21St Ave W Lynnwood, WA 98036
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6321 204th SW, Lynnwood, WA 98036-6012 $19,800,000 Jun 2022 2,726 SF
6324 202nd SW, Lynnwood, WA 98036-6065 $19,800,000 Jun 2022 5,750 SF
20309 64th W, Lynnwood, WA 98036 $19,800,000 Jun 2022 12,480 SF
6306 202nd SW, Lynnwood, WA 98036-6065 $19,800,000 Jun 2022 36,591 SF
20626 50th W, Lynnwood, WA 98036-7639 $650,000 Feb 2020 6,808 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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