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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Drug stores
19507 Hwy 99 Lynnwood, WA 98036-5236
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-2109323
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2016
Construction
WOOD
Total area
14,224 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B1
APN
585300001803
UPID
US90-2109323
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CVS Pharmacy Pharmacy
-
MoneyGram Bank Credit Union
-
UPS Access Point location Courier Service Postal Service
-
CDReload Instant Bitcoin Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Sand Pharmacy Lynnwood 10450 LLC · 8 yrs held
Sand Pharmacy Lynnwood 10450 LLC
since 2017
3 recorded transactions
Zoning & alternative use
B1 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+7.9%
Warehouse, storage
$4.1M
+2.8%
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%
$3,340,000
6.5%
$3,085,000
7%
$2,865,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,995,000
Current use
COMMERCIAL (GENERAL)
$4,310,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$4,110,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±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
$190 / 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
$49,653
Tax year 2023
Assessed value
$6,684,000
Assessed 2023
Previous assessed
$6,076,000
+10.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$2,831,700
Assessed improvement
$3,852,300
Land market value
$2,831,700
Improvement market value
$3,852,300
Total market value
$6,684,000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
14,224 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B1
APN
585300001803
UPID
US90-2109323
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Lynnwood, WA
Zoning B1 · permitted uses
B1 · 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
RETAIL STORES Current
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$4.3M
WAREHOUSE, STORAGE
Est. value
$4.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2016
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Sand Pharmacy Lynnwood 10450 LLC
Entity
Mailing address
WOONSOCKET, RI 02895
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
$9,682,737
Sand Pharmacy Lynnwood 10450 LLC
Washington Cvs Pharmacy LLC
Warranty Deed
$8,472,394 · Wells Fargo Bank Northwest NA
Jan 7, 2015
$3,265,000
Washington Cvs Pharmacy LLC
Moscatel Family LLC
Grant Deed
—
—
—
Moscatel Family LLC
—
Deed Of Trust
related
$2,960,000 · Intervest Mortgage Co LLC
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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